Innovation Academy Parent Teacher Organization

Analysis

Innovation Academy Parent Teacher Organization is a registered charity in United States, based in Oro Valley, AZ. It received its IRS tax-exemption ruling in February 2018, 8 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 2024, Innovation Academy Parent Teacher Organization reported income of $127k and spending of $130k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $123k to $127k (+3.2%), an average of +3.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Innovation Academy Parent Teacher Organization sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within AZ. Charities of a similar size with the same main cause include Horizon High School Band Parent Association ($127k), Opstad Elementary PTA N King County 2 18 21 ($127k) and Warrior Athletic Club ($127k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.