Teachaiti

Analysis

Teachaiti is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in February 2010, 16 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 December 2022, Teachaiti reported income of $710k and spending of $679k, spending 96% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $485k to $710k (+47%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 144%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teachaiti sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Dolphin Scholarship Foundation ($710k), Charlotte Early Education Services Inc ($710k) and Ben Colorado Inc ($710k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $25k. At year end it held assets of $1.6m against liabilities of $2,290, net assets of $1.6m.