PTA Kentucky Congress

Analysis

PTA Kentucky Congress is a registered charity in United States, based in Frankfort, KY. It received its IRS tax-exemption ruling in October 1988, 38 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 Kentucky Congress reported income of $59k and spending of $95k, spending 161% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income fell from $84k to $59k (-29%), an average of -16% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 146% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PTA Kentucky Congress sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Little League Baseball Inc ($59k), PTA Delaware Congress ($59k) and Clark County Executive Horse Council ($59k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 27% and program service revenue 10% of the total. At year end it held assets of $94k against liabilities of $70k, net assets of $24k.

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.