Palm Valley Academy PTO

Analysis

Palm Valley Academy PTO is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in April 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, Palm Valley Academy PTO reported income of $172k and spending of $143k, spending 83% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $269k to $172k (-36%), an average of -8.5% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Palm Valley Academy PTO sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Maquoketa Library Corporation ($172k), East Clarendon Athletic Booster Club ($172k) and Detroit Public Library Friends Foundation Inc ($172k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.