PSMS 114 PTA

Analysis

PSMS 114 PTA is a registered charity in United States, based in Belle Harbor, NY. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, PSMS 114 PTA reported income of $135k and spending of $107k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $135k (+60%), an average of +60% a year. The sharpest change came in the year to December 2023, when income rose by 60%. Over the whole period it spent 70% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, PSMS 114 PTA sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Puente House Foundation ($135k), Lets Go Services ($135k) and Millersville Area Meals on Wheels ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.