PS 340 Parent Teacher Association Inc

Analysis

PS 340 Parent Teacher Association Inc is a registered charity in United States, based in New York, 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 2023, PS 340 Parent Teacher Association Inc reported income of $160k and spending of $174k, spending 109% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $110k to $160k (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 30%. Over the whole period it spent 116% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, PS 340 Parent Teacher Association Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NY. Charities of a similar size with the same main cause include Look Its My Book Inc ($160k), Kennewick Kiwanis Foundation ($160k) and Center for Social-Emotional Learning ($160k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 56% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.