The Parent Teacher Association of Ms 447

Analysis

The Parent Teacher Association of Ms 447 is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in April 2004, 22 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, The Parent Teacher Association of Ms 447 reported income of $106k and spending of $62k, leaving 41% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $78k to $106k (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2020, when income dropped by 48%. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Parent Teacher Association of Ms 447 sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Wimberley Isd Parent Teacher Organization Inc ($106k), Preschool Learning for Avalon Youth Inc ($106k) and Humboldt Literacy Project ($106k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $189k against liabilities of $7,714, net assets of $181k.