PTA Colorado Congress

Analysis

PTA Colorado Congress is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in November 1946, 80 years ago. 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, PTA Colorado Congress reported income of $253k and spending of $262k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $169k to $253k (+50%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PTA Colorado Congress sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Tanglewood Christian Camp ($253k), Nahant Historical Society ($253k) and Teamchildren ($253k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.

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.