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Teaching Matters Inc

RegisteredEIN 13-3770472New York, NYEducation and training
Income$7.7m2023-08
Spending$10.1msame year
Spent / received98%5-year average
Size in its cause92nd pctEducation and training
Exempt since1994Publicly supported organisat
Employees104latest return

Analysis

Teaching Matters Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in August 1994, 32 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 August 2023, Teaching Matters Inc reported income of $7.7m and spending of $10.1m, spending 132% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $6.3m to $7.7m (+23%), an average of +5.3% a year. The sharpest change came in the year to August 2021, when income rose by 141%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teaching Matters Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Association of Alaska School Board ($7.7m), Ronald Wilson Reagan Academy ($7.7m) and Psasb Inc ($7.7m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 22% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $532k (5.3% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $14.2m against liabilities of $458k, net assets of $13.8m. It reported 104 employees.

Income and spending

$0$3.5m$7.1m$10.6m$14.2m2019 Income: $6,258,6832019 Spending: $6,129,07020192020 Income: $5,871,4112020 Spending: $7,182,64320202021 Income: $14,154,5792021 Spending: $7,664,79320212022 Income: $7,951,1482022 Spending: $10,039,22420222023 Income: $7,696,2352023 Spending: $10,137,5732023
IncomeSpending

Where the income comes from

  • Contributions & grants 22%
  • Program services 75%
  • Other 2.5%

Similar-sized charities, same cause

CharityLocationIncome
Association of Alaska School BoardJuneau$7.7m
Ronald Wilson Reagan AcademySpringville$7.7m
Psasb IncSN Bernrdno$7.7m
Equity in Education CoalitionSeattle$7.7m