Arts & Letters 305 United Parents & Teachers Association Inc

Analysis

Arts & Letters 305 United Parents & Teachers Association Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in March 2013, 13 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 2024, Arts & Letters 305 United Parents & Teachers Association Inc reported income of $518k and spending of $569k, spending 110% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $497k to $518k (+4.3%), an average of +1.1% a year. The sharpest change came in the year to June 2021, when income dropped by 34%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arts & Letters 305 United Parents & Teachers Association Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 67th percentile within NY. Charities of a similar size with the same main cause include University of Karachi Alumni Assn of Balt Wa Metro Area Inc ($518k), Wildflower Inc ($518k) and Chung Yuan Christian University Development Foundation-North Ameri ($518k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% of the total. At year end it held assets of $378k against liabilities of $0, net assets of $378k.