Lake Harriett Commun School PTA

Analysis

Lake Harriett Commun School PTA is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in August 1945, 81 years ago. 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 June 2024, Lake Harriett Commun School PTA reported income of $164k and spending of $101k, leaving 38% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $217k to $164k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2022, when income rose by 71%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lake Harriett Commun School PTA sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within MN. Charities of a similar size with the same main cause include Wounded Warrior Ohana ($164k), Bourne Athletic Association Inc ($164k) and Reading Choral Society ($164k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 0.7% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.