Parents for Torah for All Children Ptach Inc

Analysis

Parents for Torah for All Children Ptach Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 1977, 49 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 2023, Parents for Torah for All Children Ptach Inc reported income of $5.8m and spending of $5.0m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $5.8m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents for Torah for All Children Ptach Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 90th percentile within NY. Charities of a similar size with the same main cause include Meadows Arts and Technology Elementary School ($5.8m), Connections Education Center of the Palm Beaches Inc ($5.8m) and Pim Arts High School ($5.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $389k (7.7% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $9.5m against liabilities of $668k, net assets of $8.8m. It reported 71 employees.