Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in McLean, 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 $77k and spending of $147k, spending 191% of what it took in. Across the 3 years on record, from June 2019 to June 2024, income fell from $197k to $77k (-61%), an average of -38% a year. The sharpest change came in the year to June 2024, when income dropped by 52%. Over the whole period it spent 96% 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 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Spreckels Parent Teacher Organization Inc ($77k), Lifeworks with Christian Womens Job Corps ($77k) and The Lisbon Volunteer Fire Department Inc ($77k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 41% and program service revenue 32% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.