LA Canada High School 78 Parent Teacher Association Inc

Analysis

LA Canada High School 78 Parent Teacher Association Inc is a registered charity in United States, based in LA Canada, CA. It received its IRS tax-exemption ruling in November 1943, 83 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, LA Canada High School 78 Parent Teacher Association Inc reported income of $77k and spending of $93k, spending 121% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $123k to $77k (-38%), an average of -38% a year. The sharpest change came in the year to June 2023, when income dropped by 38%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, LA Canada High School 78 Parent Teacher Association 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 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Little League Baseball Inc ($77k), PTA Texas Congress ($77k) and International Space University Org Inc ($77k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 18% and program service revenue 9.1% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.