Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Roanoke, 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 $62k and spending of $49k, leaving 22% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $86k to $62k (-28%), an average of -28% a year. The sharpest change came in the year to June 2024, when income dropped by 28%. Over the whole period it spent 75% 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 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within VA. Charities of a similar size with the same main cause include City Wide Club of Clubs Food Bank Auxiliary ($62k), Friends of the Bernardsville Public Library Inc ($62k) and Tygh Valley Fire Department Corporation ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.9% and program service revenue 36% of the total. At year end it held assets of $130k against liabilities of $0, net assets of $130k.