The Parents and Teachers of Braeburn Inc

Analysis

The Parents and Teachers of Braeburn Inc is a registered charity in United States, based in West Hartford, CT. It received its IRS tax-exemption ruling in June 1988, 38 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 July 2023, The Parents and Teachers of Braeburn Inc reported income of $55k and spending of $36k, leaving 34% of income unspent that year. Across the 3 years on record, from July 2019 to July 2023, income grew from $29k to $55k (+86%), an average of +36% a year. The sharpest change came in the year to July 2023, when income rose by 359%. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Parents and Teachers of Braeburn Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include New Life Community Inc ($55k), School District No 150 Education Foundation Inc ($55k) and Friends of John B Murphy Elementary School ($55k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $30k against liabilities of $0, net assets of $30k.