Pine Island Academy PTO

Analysis

Pine Island Academy PTO is a registered charity in United States, based in St Augustine, FL. It received its IRS tax-exemption ruling in August 2021, 5 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 December 2023, Pine Island Academy PTO reported income of $356k and spending of $287k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $195k to $356k (+83%), an average of +83% a year. The sharpest change came in the year to December 2023, when income rose by 83%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Pine Island Academy PTO sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Brothers Keeper ($356k), Good2know Partners ($357k) and North Carolina High School and Junior High Rodeo Assocation ($356k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $175k against liabilities of $700, net assets of $174k.