Parents and Teachers Association Inc

Analysis

Parents and Teachers Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 1992, 34 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, Parents and Teachers Association Inc reported income of $413k and spending of $384k, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $674k to $413k (-39%), an average of -12% a year. The sharpest change came in the year to June 2021, when income dropped by 41%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents and Teachers Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within NY. Charities of a similar size with the same main cause include American Mock Trial Association ($413k), Athens Tech Foundation Inc ($413k) and Bombers Baseball Academy Inc ($413k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $482k against liabilities of $0, net assets of $482k.