Lake Pointe Elementary Parent Teacher Organization Inc

Analysis

Lake Pointe Elementary Parent Teacher Organization Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in March 2011, 15 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, Lake Pointe Elementary Parent Teacher Organization Inc reported income of $169k and spending of $128k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $150k to $169k (+12%), an average of +12% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Pointe Elementary Parent Teacher Organization Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Family Values Resource Institute Inc ($169k), C-Change Conversations ($169k) and Ideals Foundation Inc ($169k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 26% of the total. At year end it held assets of $167k against liabilities of $0, net assets of $167k.