Adams Parent Teacher Association

Analysis

Adams Parent Teacher Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 1989, 37 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, Adams Parent Teacher Association reported income of $182k and spending of $206k, spending 113% of what it took in. Across the 2 years on record, from June 2020 to June 2023, income grew from $111k to $182k (+64%), an average of +64% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Adams Parent Teacher Association sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 48th percentile within WA. Charities of a similar size with the same main cause include Serra International ($182k), Pasadena Meals on Wheels Inc ($182k) and Sunrise Kiwanis Foundation of Fort Pierce Inc ($182k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $123k against liabilities of $0, net assets of $123k.