Wauconda School District 118 PTO

Analysis

Wauconda School District 118 PTO is a registered charity in United States, based in Island Lake, IL. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Wauconda School District 118 PTO reported income of $198k and spending of $226k, spending 114% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income grew from $131k to $198k (+51%), an average of +15% a year. The sharpest change came in the year to July 2022, when income rose by 1132%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wauconda School District 118 PTO sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Stories on Stage ($198k), North Carolina Emergency Medical Service Administrators Association ($198k) and Washakie County Library Foundation Inc ($198k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 181% of the total. At year end it held assets of $94k against liabilities of $0, net assets of $94k.