Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Midlothian, 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 $57k and spending of $94k, spending 164% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $83k to $57k (-31%), an average of -31% a year. The sharpest change came in the year to June 2024, when income dropped by 31%. Over the whole period it spent 128% 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 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Elks Veterans Bunker ($57k), Low Moor Volunteer Fire Department ($57k) and Archeological Society of Virginia ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 45% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.