Treasures 4 Teachers Inc
Analysis
Treasures 4 Teachers Inc is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in February 2003, 23 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 December 2023, Treasures 4 Teachers Inc reported income of $1.7m and spending of $1.9m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $952k to $1.7m (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 168%. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Treasures 4 Teachers Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Ecclesial Schools Initiative Inc ($1.7m), Lincoln Rotary Club Foundation ($1.7m) and Minnesota School-Based Health Alliance ($1.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $169k (8.9% of expenses). Other salaries and wages came to $601k. At year end it held assets of $1.8m against liabilities of $1.2m, net assets of $566k. It reported 36 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 0.3%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ecclesial Schools Initiative Inc | Oviedo | $1.7m |
| Lincoln Rotary Club Foundation | Lincoln | $1.7m |
| Minnesota School-Based Health Alliance | Minneapolis | $1.7m |
| The Sherman Oaks Nursery School | Sherman Oaks | $1.7m |