Spruce Street School PS 397 Parent- Teacher Association Inc

Analysis

Spruce Street School PS 397 Parent- Teacher Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Spruce Street School PS 397 Parent- Teacher Association Inc reported income of $262k and spending of $264k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $216k to $262k (+21%), an average of +5.0% a year. The sharpest change came in the year to June 2022, when income rose by 253%. Over the whole period it spent 104% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Spruce Street School PS 397 Parent- Teacher Association Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within NY. Charities of a similar size with the same main cause include Polywogs Charities Inc ($262k), The Dominguez Dream in Memory of H Frank Dominguez ($262k) and Neal & Brooke Brown Foundation Inc ($262k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 105% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.