Ptsa Connecticut Inc

Analysis

Ptsa Connecticut Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in October 1955, 71 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 2023, Ptsa Connecticut Inc reported income of $83k and spending of $92k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $70k to $83k (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2022, when income rose by 395%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ptsa Connecticut Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within CT. Charities of a similar size with the same main cause include Oregon State K of C Charities Inc ($83k), Findlay Rotary Foundation Inc ($83k) and Golden Valley Historical Society ($83k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.8% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.