Valley Ridge Academy PTO Inc

Analysis

Valley Ridge Academy PTO Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in July 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 2024, Valley Ridge Academy PTO Inc reported income of $169k and spending of $213k, spending 126% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $93k to $169k (+82%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 52%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Valley Ridge Academy PTO Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Red Mountain Football Touchdown Club ($169k), Govern for Impact ($169k) and Lakehills Library & Community Association Inc ($169k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 41% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.