Palencia Elementary PTO Inc

Analysis

Palencia Elementary PTO Inc is a registered charity in United States, based in St Augustine, 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Palencia Elementary PTO Inc reported income of $253k and spending of $270k, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $195k to $253k (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palencia Elementary PTO Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within FL. Charities of a similar size with the same main cause include Valley Drive Pre-School Inc ($253k), The Arlington Foundation for Excellence in Education ($253k) and Oster Elementary School Home and School Club Inc ($253k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.4% and program service revenue 64% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.