Pine Springs Preparatory Academy PTO

Analysis

Pine Springs Preparatory Academy PTO is a registered charity in United States, based in Holly Springs, NC. It received its IRS tax-exemption ruling in October 2017, 9 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, Pine Springs Preparatory Academy PTO reported income of $103k and spending of $87k, spending 84% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $32k to $103k (+222%), an average of +80% a year. The sharpest change came in the year to June 2023, when income rose by 254%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pine Springs Preparatory Academy PTO sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Andrew McMorris Foundation Inc ($103k), International Haven of Practical Education Inc ($103k) and Maimonides Hebrew Day School ($103k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.8% and program service revenue 71% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.