PTA Tennessee Congress of Parents Teachers Inc

Analysis

PTA Tennessee Congress of Parents Teachers Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 1980, 46 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 Tennessee Congress of Parents Teachers Inc reported income of $2.0m and spending of $127k, leaving 94% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $296k to $2.0m (+589%), an average of +62% a year. The sharpest change came in the year to June 2023, when income rose by 1105%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, PTA Tennessee Congress of Parents Teachers Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within TN. Charities of a similar size with the same main cause include District 284 Youth Hockey Association ($2.0m), St Marys Residence ($2.0m) and Neighborhood Housing Services of the Inland Empire Inc ($2.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% of the total. Other salaries and wages came to $14k. At year end it held assets of $2.1m against liabilities of $2,797, net assets of $2.1m.