Parents Association of P S 158 M

Analysis

Parents Association of P S 158 M is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in May 1969, 57 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, Parents Association of P S 158 M reported income of $1.3m and spending of $1.7m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.5m to $1.3m (-13%), an average of -3.5% a year. The sharpest change came in the year to June 2022, when income rose by 409%. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents Association of P S 158 M sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 78th percentile within NY. Charities of a similar size with the same main cause include Pacific Community Charter School ($1.3m), Parents Place of Maryland Inc ($1.3m) and Grassroots Collaborative ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 75% of the total. Other salaries and wages came to $176k. At year end it held assets of $410k against liabilities of $0, net assets of $410k. It reported 19 employees.