Foreign Language Academic PTO Inc

Analysis

Foreign Language Academic PTO Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in January 2007, 19 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 2023, Foreign Language Academic PTO Inc reported income of $72k and spending of $88k, spending 122% of what it took in. Across the 3 years on record, from June 2021 to June 2023, income grew from $45k to $72k (+59%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 40%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foreign Language Academic PTO Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within LA. Charities of a similar size with the same main cause include Austin Creek Parents Club Inc ($72k), Raising Readers in Wyoming ($72k) and Alliance for Just Money Inc ($72k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 21% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.