PTA North Carolina Congress

Analysis

PTA North Carolina Congress is a registered charity in United States, based in Charlotte, 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 2024, PTA North Carolina Congress reported income of $98k and spending of $129k, spending 132% of what it took in. Across the 3 years on record, from June 2021 to June 2024, income grew from $16k to $98k (+504%), an average of +146% a year. The sharpest change came in the year to June 2023, when income rose by 441%. Over the whole period it spent 117% 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 sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NC. Charities of a similar size with the same main cause include Sencar ($98k), Downtown Frankfort Inc ($98k) and Fairchild Volunteer Fire Department Inc ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 58% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.

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.