Ptsa Connecticut Inc

Analysis

Ptsa Connecticut Inc is a registered charity in United States, based in Ridgefield, 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 2024, Ptsa Connecticut Inc reported income of $83k and spending of $140k, spending 169% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $179k to $83k (-54%), an average of -54% a year. The sharpest change came in the year to June 2024, when income dropped by 54%. Over the whole period it spent 113% 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 Lincoln Music Boosters ($83k), The Beaufort Historical Foundation ($83k) and Philadelphia Psychoanalytic Foundation ($83k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.6% and program service revenue 33% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.