Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in August 1985, 41 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, Virginia Congress of Parents and Teachers reported income of $126k and spending of $62k, leaving 51% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $49k to $126k (+157%), an average of +157% a year. The sharpest change came in the year to June 2024, when income rose by 157%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Virginia Congress of Parents and Teachers sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Simsbury Abc Program Inc ($126k), Houston Volunteer Fire Department Inc ($126k) and Ethiopian Evangelical Church Charlotte North Carolina ($126k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 11% of the total. At year end it held assets of $202k against liabilities of $0, net assets of $202k.