Parent Teacher Association of Connecticut Inc

Analysis

Parent Teacher Association of Connecticut Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in October 1955, 71 years ago. 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, Parent Teacher Association of Connecticut Inc reported income of $62k and spending of $63k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $54k to $62k (+15%), an average of +7.2% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Parent Teacher Association of Connecticut Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within CT. Charities of a similar size with the same main cause include United Church of Hayward ($62k), PTA New York Congress ($62k) and PTA Texas Congress ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.