Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Fairfax, 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 $63k and spending of $52k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $30k to $63k (+114%), an average of +114% a year. The sharpest change came in the year to June 2024, when income rose by 114%. Over the whole period it spent 101% 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 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include PTA Florida Congress ($63k), American Tax Policy Institute ($63k) and Marshfield Community Rib Cook-Off ($63k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 10.0% and program service revenue 1.5% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.