Lookout Mountain Parent Teacher Organization

Analysis

Lookout Mountain Parent Teacher Organization is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1986, 40 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 July 2023, Lookout Mountain Parent Teacher Organization reported income of $86k and spending of $101k, spending 118% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $91k to $86k (-5.2%), an average of -5.2% a year. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lookout Mountain Parent Teacher Organization sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within AZ. Charities of a similar size with the same main cause include Philadelphia Association of Jungian Analysts Inc ($86k), Fond du Lac Tribal and Community College Foundation ($86k) and Oregon Consular Corps Scholarship Fund ($86k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.