Michigan Congress of Parents Teachers and Students
Analysis
Michigan Congress of Parents Teachers and Students is a registered charity in United States, based in Farmingtn HLS, MI. It received its IRS tax-exemption ruling in June 1978, 48 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, Michigan Congress of Parents Teachers and Students reported income of $167k and spending of $145k, spending 87% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $217k to $167k (-23%), an average of -6.3% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 75% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Michigan Congress of Parents Teachers and Students sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 49th percentile within MI. Charities of a similar size with the same main cause include Brady County Water District ($167k), Glen Cove Strikers Inc ($167k) and Magnolia Arts Council Inc ($167k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $366k against liabilities of $1,688, net assets of $364k.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
- Other 0.6%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Brady County Water District | Brady | $167k |
| Glen Cove Strikers Inc | Glen Cove | $167k |
| Magnolia Arts Council Inc | Magnolia | $167k |
| Pancott Parents Association | West Chester | $167k |