Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Spotsylvania, 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 $51k and spending of $44k, spending 86% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $64k to $51k (-20%), an average of -20% a year. The sharpest change came in the year to June 2024, when income dropped by 20%. Over the whole period it spent 82% 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 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Historical Society of Federal Way ($51k), Marriage and Family Institute of San Antonio ($51k) and St Johns Shelter for the Homeless Inc ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 17% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.