Independence High School Ptso

Analysis

Independence High School Ptso is a registered charity in United States, based in Thompsons STN, TN. It received its IRS tax-exemption ruling in November 2004, 22 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, Independence High School Ptso reported income of $971k and spending of $872k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $566k to $971k (+72%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 60%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Independence High School Ptso sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include American Academy of Ballet Performance Awards Inc ($971k), Faith Christian School ($971k) and Dyer Library Association ($970k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% and program service revenue 44% of the total. At year end it held assets of $601k against liabilities of $0, net assets of $601k.