Lakeview Elementary-Parent-Teacher Organization

Analysis

Lakeview Elementary-Parent-Teacher Organization is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in October 1988, 38 years ago. 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, Lakeview Elementary-Parent-Teacher Organization reported income of $68k and spending of $87k, spending 128% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $43k to $68k (+59%), an average of +59% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lakeview Elementary-Parent-Teacher Organization sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within TN. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($68k), Brenda Brown-Lipitz Family Foundation Inc ($68k) and Park City BMX Inc ($68k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 59% of the total. At year end it held assets of $38k against liabilities of $0, net assets of $38k.