Al J Condit PTO

Analysis

Al J Condit PTO is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in November 1995, 31 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 2024, Al J Condit PTO reported income of $465k and spending of $488k, spending 105% of its income. Across the 6 years on record, from July 2019 to July 2024, income grew from $183k to $465k (+154%), an average of +20% a year. The sharpest change came in the year to July 2024, when income rose by 64%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Al J Condit PTO sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Kappa Foundation of Charlotte Inc ($465k), Lincoln W Pavey Educational Foundation ($465k) and Sunrise Beach School ($465k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 56% of the total. At year end it held assets of $325k against liabilities of $47k, net assets of $278k.