Indiana Congress of Parents and Teachers Inc

Analysis

Indiana Congress of Parents and Teachers Inc is a registered charity in United States, based in McCordsville, IN. It received its IRS tax-exemption ruling in December 1988, 38 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, Indiana Congress of Parents and Teachers Inc reported income of $3.0m and spending of $2.3m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.0m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana Congress of Parents and Teachers Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Rooted School ($3.0m), Santa Barbara Education Foundation ($3.0m) and National Association for Family Child Care Foundation ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $170k (7.3% of expenses). Other salaries and wages came to $997k. At year end it held assets of $7.5m against liabilities of $5.0m, net assets of $2.5m. It reported 49 employees.