Lakeridge Elementary School Ptsa

Analysis

Lakeridge Elementary School Ptsa is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in November 1995, 31 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, Lakeridge Elementary School Ptsa reported income of $228k and spending of $176k, leaving 23% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income fell from $262k to $228k (-13%), an average of -4.5% a year. The sharpest change came in the year to June 2023, when income rose by 67%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lakeridge Elementary School Ptsa sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WA. Charities of a similar size with the same main cause include Peoria Education Foundation ($228k), Mandarin Academy ($228k) and Ivy Greene Inc ($228k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 45% and program service revenue 47% of the total. At year end it held assets of $213k against liabilities of $0, net assets of $213k.