Hermosa Valley View PTO

Analysis

Hermosa Valley View PTO is a registered charity in United States, based in Hermosa Beach, CA. It received its IRS tax-exemption ruling in September 2002, 24 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, Hermosa Valley View PTO reported income of $238k and spending of $238k, spending 100% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $214k to $238k (+11%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 69%. 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, Hermosa Valley View PTO sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within CA. Charities of a similar size with the same main cause include Friends of the Jeff Davis County Library ($238k), Grosse Ile Educational Foundation Inc ($238k) and Rooted in Wyoming ($238k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 11% of the total. At year end it held assets of $305k against liabilities of $471, net assets of $305k.