Parent Teacher Association of Connecticut Inc
Analysis
Parent Teacher Association of Connecticut Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in August 1979, 47 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2022, Parent Teacher Association of Connecticut Inc reported income of $156k and spending of $146k, spending 94% of its income. Across the 4 years on record, from June 2019 to June 2022, income fell from $192k to $156k (-19%), an average of -6.7% a year. Over the whole period it spent 91% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent Teacher Association of Connecticut Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 45th percentile within CT. Charities of a similar size with the same main cause include Medical Dental Staff Good Samaritan Hospital ($156k), Campbell Culture Coalition ($156k) and Legacy Life Care Programs ($156k).
On its Form 990 for the period ending June 2022, revenue came from contributions and grants 56% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $46k (31% of expenses). Other salaries and wages came to $16k. At year end it held assets of $443k against liabilities of $7,574, net assets of $436k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 56%
- Program services 2.4%
- Other 42%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Medical Dental Staff Good Samaritan Hospital | Suffern | $156k |
| Campbell Culture Coalition | Lafollette | $156k |
| Legacy Life Care Programs | Columbia | $156k |
| Wantagh Foundation for Educational Excellence | Wantagh | $156k |