Parent-Teacher Association of P S

Analysis

Parent-Teacher Association of P S is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 1996, 30 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, Parent-Teacher Association of P S reported income of $700k and spending of $697k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $381k to $700k (+84%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 652%. Over the whole period it spent 106% 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 P S sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Greater Beckley Christian Schools Inc ($700k), H Malcolm Macdonald Charitable TR ($700k) and Prevailing Faith Christian Academy ($700k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Other salaries and wages came to $418k. At year end it held assets of $250k against liabilities of $0, net assets of $250k. It reported 54 employees.