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 $58k and spending of $53k, spending 92% of its income. Across the 4 years on record, from June 2020 to June 2024, income grew from $49k to $58k (+18%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 84% 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 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within VA. Charities of a similar size with the same main cause include Cullen Lakes Assn ($58k), PTA California Congress of Parents Teachers & Students Inc ($58k) and Goochland County Historical Society ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 15% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.