South Carolina Congress of Parents and Teachers

Analysis

South Carolina Congress of Parents and Teachers is a registered charity in United States, based in Mt Pleasant, SC. It received its IRS tax-exemption ruling in May 1979, 47 years ago. 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, South Carolina Congress of Parents and Teachers reported income of $118k and spending of $142k, spending 121% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $110k to $118k (+7.3%), an average of +1.4% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Carolina Congress of Parents and Teachers sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within SC. Charities of a similar size with the same main cause include Virginia Congress of Parents and Teachers ($118k), Salt Lake Symphony Orchestra ($118k) and Kennebec Historical Society ($118k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 81% and program service revenue 13% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.