Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Midlothian, 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 $60k and spending of $77k, spending 127% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $59k to $60k (+2.6%), an average of +2.6% a year. Over the whole period it spent 107% 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 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within VA. Charities of a similar size with the same main cause include Boy Scouts of America ($60k), Mills County Storehouse ($60k) and Putnam County Educational Foundation ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 40% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.