Galileo Parent Teacher Organization

Analysis

Galileo Parent Teacher Organization is a registered charity in United States, based in Victorville, CA. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Galileo Parent Teacher Organization reported income of $113k and spending of $103k, spending 92% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $140k to $113k (-20%), an average of -20% a year. The sharpest change came in the year to July 2024, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Galileo Parent Teacher Organization sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include PTA New York Congress ($113k), Life for Christ Karate Ministries Inc ($113k) and Bright Future Inc ($113k).

On its Form 990-EZ for the period ending July 2024, revenue came from program service revenue 94% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.