PTA New Jersey Congress of Parents & Teachers

Analysis

PTA New Jersey Congress of Parents & Teachers is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in December 1972, 54 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 2024, PTA New Jersey Congress of Parents & Teachers reported income of $132k and spending of $138k, spending 105% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $131k to $132k (+0.9%), an average of +0.3% a year. The sharpest change came in the year to June 2023, when income rose by 159%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PTA New Jersey Congress of Parents & Teachers sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Pelican Bay Arts Association ($132k), Project Gettysburg-Leon Inc ($132k) and Birthright Inc of Saratoga County ($132k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.

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.