Parents of Public Schools Inc

Analysis

Parents of Public Schools Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in May 1990, 36 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Parents of Public Schools Inc reported income of $224k and spending of $247k, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $515k to $224k (-56%), an average of -19% a year. The sharpest change came in the year to June 2020, when income dropped by 54%. Over the whole period it spent 105% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents of Public Schools Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 58th percentile within MS. Charities of a similar size with the same main cause include Wildflower Foundation ($224k), New Jersey Association of School Librarians ($224k) and Cardinal Alliance Parent Organization ($224k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $30k (12% of expenses). Other salaries and wages came to $40k. At year end it held assets of $283k against liabilities of $20k, net assets of $264k. It reported 2 employees.