Horn Academy PTO

Analysis

Horn Academy PTO is a registered charity in United States, based in Bellaire, TX. It received its IRS tax-exemption ruling in June 2003, 23 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 2023, Horn Academy PTO reported income of $426k and spending of $526k, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $519k to $426k (-18%), an average of -4.9% a year. The sharpest change came in the year to June 2022, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Horn Academy PTO sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Iccd Academy NFP ($426k), Mandala School Inc ($426k) and Global Ties Alabama ($426k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 18% of the total. At year end it held assets of $406k against liabilities of $0, net assets of $406k.