Lakeshore Elementary School PTO

Analysis

Lakeshore Elementary School PTO is a registered charity in United States, based in Mooresville, NC. It received its IRS tax-exemption ruling in March 2003, 23 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, Lakeshore Elementary School PTO reported income of $56k and spending of $56k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $45k to $56k (+26%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeshore Elementary School PTO sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within NC. Charities of a similar size with the same main cause include Towson High School Music Boosters Inc ($56k), Potosi Fine Arts Club ($56k) and Friends of the Mathews Memorial Library Inc ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 2.1% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.