Iltg Elementary PTO

Analysis

Iltg Elementary PTO is a registered charity in United States, based in Garland, TX. It received its IRS tax-exemption ruling in October 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, Iltg Elementary PTO reported income of $74k and spending of $83k, spending 113% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $57k to $74k (+29%), an average of +30% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Iltg Elementary PTO 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 30th percentile within TX. Charities of a similar size with the same main cause include Georgia Tax Credit Scholarship Program Incorporated ($74k), PTA New Jersey Congress of Parents & Teachers ($74k) and Angels Camp Museum Foundation ($74k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 31% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.