Teensmart International

Analysis

Teensmart International is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in December 2003, 23 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 December 2023, Teensmart International reported income of $582k and spending of $600k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $395k to $582k (+47%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teensmart International sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within NC. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($582k), Iglesia de Dios Evangelio Sana Doctrina Inc ($582k) and Rose Bowl Aquatics Swim Team Booster Club ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $48k (8.0% of expenses). Other salaries and wages came to $173k. At year end it held assets of $217k against liabilities of $66k, net assets of $151k.