Indiana Congress of Parents and Teachers Inc

Analysis

Indiana Congress of Parents and Teachers Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in December 1988, 38 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, Indiana Congress of Parents and Teachers Inc reported income of $59k and spending of $65k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $91k to $59k (-35%), an average of -13% a year. The sharpest change came in the year to June 2021, when income dropped by 31%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Indiana Congress of Parents and Teachers Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within IN. Charities of a similar size with the same main cause include RVFD Inc ($59k), Verdi Elementary School Parent Faculty Assn ($59k) and Belmont Ridge Middle School Parent Teacher Organization ($59k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.1% and program service revenue 83% of the total. Other salaries and wages came to $30k. At year end it held assets of $286k against liabilities of $672, net assets of $285k. It reported 1 employees.

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.