Parent Teacher Association of Connecticut Inc

Analysis

Parent Teacher Association of Connecticut Inc is a registered charity in United States, based in Redding, CT. It received its IRS tax-exemption ruling in October 1955, 71 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Parent Teacher Association of Connecticut Inc reported income of $59k and spending of $50k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $81k to $59k (-27%), an average of -15% a year. The sharpest change came in the year to June 2023, when income dropped by 45%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parent Teacher Association of Connecticut Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within CT. Charities of a similar size with the same main cause include Cornerstone Academy of the Ozarks ($59k), Jefferson County Educational and Community Foundation ($59k) and Carden Academy of Whittier Parent and Faculty Support Group ($59k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 51% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.