PTA of Aea Inc

Analysis

PTA of Aea Inc is a registered charity in United States, based in Forest Hills, NY. It received its IRS tax-exemption ruling in January 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 (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, PTA of Aea Inc reported income of $431k and spending of $421k, spending 98% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $64k to $431k (+577%), an average of +160% a year. The sharpest change came in the year to June 2024, when income rose by 534%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PTA of Aea Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Lifeprep Projects Inc ($431k), New York Conservatory of Music Inc ($432k) and Italian American Club Foundation Inc ($431k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 13% and program service revenue 87% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.