The Parent Teacher Association of PS 41 Manhattan

Analysis

The Parent Teacher Association of PS 41 Manhattan is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1994, 32 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 August 2023, The Parent Teacher Association of PS 41 Manhattan reported income of $478k and spending of $422k, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income fell from $780k to $478k (-39%), an average of -12% a year. The sharpest change came in the year to August 2022, when income rose by 57%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Parent Teacher Association of PS 41 Manhattan sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Vocation Ministry ($478k), K Iin Beh Education Center Foundation Inc ($478k) and Red Fox Community School Inc ($478k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 68% and program service revenue 5.2% of the total. At year end it held assets of $575k against liabilities of $0, net assets of $575k.