PTO Sour Lake Elementary

Analysis

PTO Sour Lake Elementary is a registered charity in United States, based in Sour Lake, TX. It received its IRS tax-exemption ruling in June 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, PTO Sour Lake Elementary reported income of $63k and spending of $52k, spending 83% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $29k to $63k (+121%), an average of +30% a year. The sharpest change came in the year to July 2024, when income rose by 143%. Over the whole period it spent 107% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, PTO Sour Lake Elementary sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Breen Avenue Community Center Inc ($63k), St Charles Social Concerns Committe ($63k) and Brookside Edu Incorporated ($63k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.