Lakeview Elementary PTO

Analysis

Lakeview Elementary PTO is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in March 2013, 13 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, Lakeview Elementary PTO reported income of $59k and spending of $38k, leaving 36% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $63k to $59k (-5.8%), an average of -5.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeview Elementary PTO 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 19th percentile within MN. Charities of a similar size with the same main cause include Explorers Lifelong Learning Institute of SSC Inc ($59k), Kimet - Kuumba in Motion Expressing Transformation ($59k) and Seakay Inc ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.