The Parent Teacher Organization of PS 122 Queens Inc

Analysis

The Parent Teacher Organization of PS 122 Queens Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in March 2020, 6 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 February 2024, The Parent Teacher Organization of PS 122 Queens Inc reported income of $69k and spending of $52k, leaving 24% of income unspent that year. Across the 2 years on record, from February 2023 to February 2024, income grew from $66k to $69k (+5.2%), an average of +5.2% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Parent Teacher Organization of PS 122 Queens Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Commerce City Rotary Foundation Inc ($69k), Tyler J Horst Foundation ($69k) and MG Sings Inc ($69k).

At year end it held assets of $61k against liabilities of $0, net assets of $61k.