Gleason Lake Elementary PTO Inc

Analysis

Gleason Lake Elementary PTO Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in June 2012, 14 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 July 2024, Gleason Lake Elementary PTO Inc reported income of $95k and spending of $65k, leaving 31% of income unspent that year. Across the 2 years on record, from July 2023 to July 2024, income grew from $74k to $95k (+28%), an average of +28% a year. The sharpest change came in the year to July 2024, when income rose by 28%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Gleason Lake Elementary PTO Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within MN. Charities of a similar size with the same main cause include African American Education Archives and History Program ($95k), Muskogee Community Band Association ($95k) and Maxcen Housing Society Inc Massachusetts Branch ($95k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 101% of the total. At year end it held assets of $173k against liabilities of $0, net assets of $173k.