Q300 Parent-Teacher Association Inc

Analysis

Q300 Parent-Teacher Association Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in July 2015, 11 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, Q300 Parent-Teacher Association Inc reported income of $269k and spending of $351k, spending 131% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $282k to $269k (-4.9%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income dropped by 50%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Q300 Parent-Teacher Association Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Island University Foundation Texas A&m University-Corpus Christ ($269k), Afghan-American Community Organization ($269k) and Dcro Institute ($269k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 85% of the total. At year end it held assets of $379k against liabilities of $10k, net assets of $369k.