PS 75 Parent Teachers Association Ltd

Analysis

PS 75 Parent Teachers Association Ltd is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, PS 75 Parent Teachers Association Ltd reported income of $514k and spending of $576k, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $544k to $514k (-5.5%), an average of -1.4% a year. The sharpest change came in the year to June 2022, when income rose by 508%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PS 75 Parent Teachers Association Ltd sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include Princeton Adult School ($514k), San Marcos High School Royal Pride Foundation ($515k) and True Knight Home School Academy ($514k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $316k (55% of expenses). At year end it held assets of $387k against liabilities of $0, net assets of $387k. It reported 21 employees.