Lakewood Elementary School PTO Inc

Analysis

Lakewood Elementary School PTO Inc is a registered charity in United States, based in Tomball, TX. It received its IRS tax-exemption ruling in September 1994, 32 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, Lakewood Elementary School PTO Inc reported income of $60k and spending of $55k, spending 91% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $62k to $60k (-3.0%), an average of -3.0% a year. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakewood Elementary School PTO Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Construction Management Association of America Foundation Inc ($60k), Rotary Club of Boca Raton Sunrise Foundation Inc ($60k) and Rotary Scholarship Foundation of Pearl River Inc ($60k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 20% of the total. At year end it held assets of $6,292 against liabilities of $0, net assets of $6,292.