Parent Teacher Association PS 55r

Analysis

Parent Teacher Association PS 55r is a registered charity in United States, based in Staten Island, NY. It received its IRS tax-exemption ruling in December 2007, 19 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 July 2024, Parent Teacher Association PS 55r reported income of $71k and spending of $58k, spending 82% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $43k to $71k (+64%), an average of +13% a year. The sharpest change came in the year to July 2022, when income rose by 128%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parent Teacher Association PS 55r sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Scholars Academy PTO ($71k), Johnston County Education Foundation Inc ($71k) and Radburn Parent Teacher Association of Fai Lawn NJ ($71k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 24% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.