Longleaf Elementary PTO Inc

Analysis

Longleaf Elementary PTO Inc is a registered charity in United States, based in Melbourne, FL. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Longleaf Elementary PTO Inc reported income of $83k and spending of $131k, spending 156% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $83k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Longleaf Elementary PTO Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 36th percentile within FL. Charities of a similar size with the same main cause include Academic Alternative Education Inc ($83k), Parent Booster USA Inc ($83k) and Angel Program Fund ($83k).

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 $54k against liabilities of $0, net assets of $54k.