Laguardia High School Parents Association Inc

Analysis

Laguardia High School Parents Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 2022, Laguardia High School Parents Association Inc reported income of $403k and spending of $477k, spending 118% of what it took in. Across the 4 years on record, from June 2019 to June 2022, income fell from $787k to $403k (-49%), an average of -20% a year. The sharpest change came in the year to June 2022, when income dropped by 29%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Laguardia High School Parents Association Inc sits at the 73rd percentile: it is larger than about 73% 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 The Tulsa Arts Management Consortium Inc ($403k), Laguna Dance No Value ($403k) and Honduras Well Project ($403k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 76% and program service revenue 12% of the total. At year end it held assets of $762k against liabilities of $0, net assets of $762k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.