Island Lake PTA

Analysis

Island Lake PTA is a registered charity in United States, based in Shoreview, 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, Island Lake PTA reported income of $57k and spending of $58k, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $45k to $57k (+24%), an average of +7.6% a year. The sharpest change came in the year to July 2023, when income rose by 81%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Island Lake PTA sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 18th percentile within MN. Charities of a similar size with the same main cause include Montana 4-H Foundation Inc ($57k), Elburn American Legion Post 630 Building Association ($57k) and Beta Phi Mu ($57k).

At year end it held assets of $74k against liabilities of $0, net assets of $74k.