Virginia Congress of Parents and Teachers

Analysis

Virginia Congress of Parents and Teachers is a registered charity in United States, based in Alexandria, 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).

In the financial year ending June 2024, Virginia Congress of Parents and Teachers reported income of $66k and spending of $59k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $65k to $66k (+1.5%), an average of +1.5% a year. 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 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 Bonebrake-Mcmurtrey Foundation Ltd ($66k), Sherwood Parent Staff Organization ($66k) and Kent City Schools Foundation ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 25% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.