PTA North Carolina Congress of Parents and Teachers Inc

Analysis

PTA North Carolina Congress of Parents and Teachers Inc is a registered charity in United States, based in Seven Lakes, NC. It received its IRS tax-exemption ruling in May 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 2023, PTA North Carolina Congress of Parents and Teachers Inc reported income of $258k and spending of $329k, spending 127% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $459k to $258k (-44%), an average of -17% a year. The sharpest change came in the year to June 2021, when income dropped by 49%. Over the whole period it spent 123% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PTA North Carolina Congress of Parents and Teachers Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NC. Charities of a similar size with the same main cause include Grand Prairie Cultural Arts Council Inc ($258k), Pintlala Volunteer Fire Department Inc ($258k) and Blue Ridge Literacy Council Inc ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 6.7% of the total. Other salaries and wages came to $91k. At year end it held assets of $205k against liabilities of $12k, net assets of $194k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.