The Lower Lab School Parent Teachers Association Inc

Analysis

The Lower Lab School Parent Teachers Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1999, 27 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, The Lower Lab School Parent Teachers Association Inc reported income of $1.2m and spending of $1.0m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $814k to $1.2m (+44%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 86%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Lower Lab School Parent Teachers Association Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 77th percentile within NY. Charities of a similar size with the same main cause include Sun Valley Culinary Institute ($1.2m), Crossing Thresholds Inc ($1.2m) and Primary Years Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 39% and program service revenue 61% of the total. At year end it held assets of $918k against liabilities of $0, net assets of $918k.