PS 126 Manhatten Academy of Technology Parents Association

Analysis

PS 126 Manhatten Academy of Technology Parents Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2023, PS 126 Manhatten Academy of Technology Parents Association reported income of $73k and spending of $50k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $24k to $73k (+207%), an average of +207% a year. The sharpest change came in the year to June 2023, when income rose by 207%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PS 126 Manhatten Academy of Technology Parents Association sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include Fairhope Parent-Teacher Corporation ($73k), Norman Borlaug Heritage Foundation ($73k) and Bittersweet Elementary PTO Inc ($73k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.