Teach Plus Incorporated

Analysis

Teach Plus Incorporated is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2009, 17 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 September 2023, Teach Plus Incorporated reported income of $18.3m and spending of $14.0m, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $7.0m to $18.3m (+162%), an average of +27% a year. The sharpest change came in the year to September 2023, when income rose by 52%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach Plus Incorporated sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Thaden School ($18.3m), Orangewood Christian School Inc ($18.3m) and Strong Rock Christian School Inc ($18.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 88% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $1.4m (10% of expenses). Other salaries and wages came to $8.0m. At year end it held assets of $16.3m against liabilities of $516k, net assets of $15.8m. It reported 78 employees.