Upper Valley Teacher Training Program Incorporated

Analysis

Upper Valley Teacher Training Program Incorporated is a registered charity in United States, based in Lebanon, NH. It received its IRS tax-exemption ruling in December 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Upper Valley Teacher Training Program Incorporated reported income of $934k and spending of $1.0m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $934k (-43%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 35%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Upper Valley Teacher Training Program Incorporated sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within NH. Charities of a similar size with the same main cause include Heritage Academy Inc ($934k), Inspire ND Inc ($934k) and Garden School Corporation ($933k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $117k (12% of expenses). Other salaries and wages came to $471k. At year end it held assets of $3.2m against liabilities of $404k, net assets of $2.8m. It reported 8 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.