Lakemont Elementary PTO

Analysis

Lakemont Elementary PTO is a registered charity in United States, based in Winter Park, FL. It received its IRS tax-exemption ruling in March 2014, 12 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 2024, Lakemont Elementary PTO reported income of $96k and spending of $74k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $88k to $96k (+8.5%), an average of +8.5% a year. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakemont Elementary PTO 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 36th percentile, and in the 39th percentile within FL. Charities of a similar size with the same main cause include Cleveland Jobs with Justice ($96k), The Coalition of Black Trade ($96k) and Sola Scriptura College and Seminary ($96k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.2% and program service revenue 56% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.