Lakeside Elementary School Parent T Eacher Organization

Analysis

Lakeside Elementary School Parent T Eacher Organization is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in February 2024, 2 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, Lakeside Elementary School Parent T Eacher Organization reported income of $75k and spending of $67k, spending 89% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $55k to $75k (+36%), an average of +36% a year. The sharpest change came in the year to June 2023, when income rose by 36%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeside Elementary School Parent T Eacher Organization sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Texas Association of Community College Marketers Inc ($75k), Thirdpath Institute ($75k) and Kinship Plot ($75k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 120% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.