Turtle Lake Elementary PTA

Analysis

Turtle Lake Elementary 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, Turtle Lake Elementary PTA reported income of $75k and spending of $57k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $48k to $75k (+56%), an average of +56% a year. The sharpest change came in the year to June 2024, when income rose by 56%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turtle Lake Elementary PTA sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Crocker Academy ($75k), Sunset Hill PTA ($75k) and Little League Baseball Inc ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $125k against liabilities of $0, net assets of $125k.