Lily Lake Elementary Parent Teacher Organization

Analysis

Lily Lake Elementary Parent Teacher Organization is a registered charity in United States, based in Stillwater, MN. It received its IRS tax-exemption ruling in October 2002, 24 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 June 2024, Lily Lake Elementary Parent Teacher Organization reported income of $88k and spending of $108k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $97k to $88k (-9.1%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 391%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lily Lake Elementary Parent Teacher Organization sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within MN. Charities of a similar size with the same main cause include Cordova Senior High School Music Boosters Association Inc ($88k), Sagemont Upper School PTO Inc ($88k) and District 128 Foundation for Learning ($88k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.2% of the total. At year end it held assets of $144k against liabilities of $0, net assets of $144k.