Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Virginia BCH, 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 $66k and spending of $56k, spending 85% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $82k to $66k (-19%), an average of -19% a year. The sharpest change came in the year to June 2024, when income dropped by 19%. Over the whole period it spent 86% 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 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 25th percentile within VA. Charities of a similar size with the same main cause include Little League Baseball Inc ($66k), Cathedral Foundation and Community Services Inc ($66k) and Mid-Peninsula Coalition Monte Vista Terrace Corp ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.