Indialantic Elementary PTO Inc

Analysis

Indialantic Elementary PTO Inc is a registered charity in United States, based in Indialantic, FL. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Indialantic Elementary PTO Inc reported income of $60k and spending of $134k, spending 225% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $72k to $60k (-18%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 183% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indialantic Elementary PTO Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Oak Grove Band Boosters ($60k), American Public Works Association Oregon Chapter Scholastic FND Inc ($60k) and Rescue Elementary School Parent-Teacher Council ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.