LA Ola Del Lago Parents and Teachers for Children

Analysis

LA Ola Del Lago Parents and Teachers for Children is a registered charity in United States, based in Prior Lake, MN. It received its IRS tax-exemption ruling in March 2016, 10 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, LA Ola Del Lago Parents and Teachers for Children reported income of $92k and spending of $93k, spending 101% of its income. Across the 3 years on record, from December 2022 to July 2024, income grew from $85k to $92k (+7.1%), an average of +3.5% a year. The sharpest change came in the year to July 2023, when income rose by 22%. 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, LA Ola Del Lago Parents and Teachers for Children sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within MN. Charities of a similar size with the same main cause include Wordnik Society ($91k), Parent Booster USA Inc ($92k) and Carlsbad Lancer Baseball ($91k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 18% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.