Viera Elementary PTO Inc

Analysis

Viera Elementary PTO Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in May 2021, 5 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Viera Elementary PTO Inc reported income of $108k and spending of $128k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $108k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Viera Elementary PTO Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 43rd percentile within FL. Charities of a similar size with the same main cause include Deja New Leicester ($108k), Interfaith Airport Chaplaincy Inc ($108k) and Volunteer and Exempt Firemens Benevolent Association Inc of Bayv ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.