Indian Lake Elementary School PTO

Analysis

Indian Lake Elementary School PTO is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in July 1981, 45 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, Indian Lake Elementary School PTO reported income of $142k and spending of $175k, spending 123% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $145k to $142k (-1.9%), an average of -0.5% a year. The sharpest change came in the year to June 2023, when income rose by 17%. 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, Indian Lake Elementary School PTO sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include Pendleton Junior Livestock Show ($142k), Hacker Initiative ($142k) and Associated Alumnae and Alumni of the Sacred Heart ($142k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.

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.