Lake Forest Park P T a 6-12-40

Analysis

Lake Forest Park P T a 6-12-40 is a registered charity in United States, based in LK Forest PK, WA. It received its IRS tax-exemption ruling in August 1997, 29 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, Lake Forest Park P T a 6-12-40 reported income of $88k and spending of $57k, leaving 35% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $70k to $88k (+26%), an average of +26% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 57% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Lake Forest Park P T a 6-12-40 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within WA. Charities of a similar size with the same main cause include Whirly Girls Scholarship Fund Inc ($88k), Virginia Congress of Parents and Teachers ($88k) and Highlands Elementary PTO Inc ($88k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 5.3% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.