Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Springfield, 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 $56k and spending of $58k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $116k to $56k (-51%), an average of -51% a year. The sharpest change came in the year to June 2024, when income dropped by 51%. Over the whole period it spent 99% 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 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within VA. Charities of a similar size with the same main cause include Senior Opportunity Association Inc ($56k), PTA Oregon Congress ($56k) and Lake of the Woods Veterans Memorial Foundation ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.0% and program service revenue 130% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.