Team Management 2000 Inc

Analysis

Team Management 2000 Inc is a registered charity in United States, based in Hackensack, NJ. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Team Management 2000 Inc reported income of $5.1m and spending of $5.2m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $5.1m (+140%), an average of +24% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Team Management 2000 Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NJ. Charities of a similar size with the same main cause include Frassati Residence ($5.1m), Salesmanship Club Charitable Golf of Dallas Inc ($5.1m) and Aviva Childrens Services ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. Other salaries and wages came to $2.6m. At year end it held assets of $2.0m against liabilities of $1.7m, net assets of $270k. It reported 46 employees.