Lipscomb Elementary School PTO

Analysis

Lipscomb Elementary School PTO is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in January 1991, 35 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, Lipscomb Elementary School PTO reported income of $127k and spending of $109k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $113k to $127k (+12%), an average of +12% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lipscomb Elementary School PTO sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within TN. Charities of a similar size with the same main cause include Tsela ($127k), Students First Foundation ($127k) and Hawthorne Parent Advisory Council Inc ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 71% and program service revenue 1.0% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.