Washington Congress of Parents & Teachers

Analysis

Washington Congress of Parents & Teachers is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Washington Congress of Parents & Teachers reported income of $662k and spending of $991k, spending 150% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $851k to $662k (-22%), an average of -8.0% a year. The sharpest change came in the year to June 2022, when income rose by 39%. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Washington Congress of Parents & Teachers sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within WA. Charities of a similar size with the same main cause include Alleghany Partnership for Children Inc ($662k), Education Comes First Inc ($662k) and Out in Science Technology Engineering & Mathematics Incorpor ($661k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $144k (15% of expenses). Other salaries and wages came to $198k. At year end it held assets of $1.2m against liabilities of $112k, net assets of $1.1m. It reported 5 employees.

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.