Parents of P S 334 Inc

Analysis

Parents of P S 334 Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Parents of P S 334 Inc reported income of $822k and spending of $998k, spending 121% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $984k to $822k (-16%), an average of -4.4% a year. The sharpest change came in the year to July 2023, when income rose by 98%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Parents of P S 334 Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Charter Educational Services & Resources Inc ($822k), Ashira Program Inc ($822k) and Partners for Campus Community Engagement ($821k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.