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Utd Teaching Excellence Foundation Inc

RegisteredEIN 27-0282567Miami Springs, FLEducation and training
Income$63k2020-06
Spending$100ksame year
Spent / received122%2-year average
Size in its cause27th pctEducation and training
Exempt since2009Private non-operating founda
Employees1latest return

Analysis

Utd Teaching Excellence Foundation Inc is a registered charity in United States, based in Miami Springs, FL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2020, Utd Teaching Excellence Foundation Inc reported income of $63k and spending of $100k, spending 158% of what it took in. Across the 2 years on record, from June 2019 to June 2020, income fell from $110k to $63k (-42%), an average of -42% a year. The sharpest change came in the year to June 2020, when income dropped by 42%. Over the whole period it spent 122% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Utd Teaching Excellence Foundation Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 28th percentile within FL. Charities of a similar size with the same main cause include Silicon Valley Cybersecurity Institute ($63k), De Molenwiek Inc ($63k) and Halls of Ivy Pediatric Foundation ($63k).

On its Form 990 for the period ending June 2020, revenue came from contributions and grants 0.9% of the total. Other salaries and wages came to $17k. At year end it held assets of $7.2m against liabilities of $105k, net assets of $7.1m. It reported 1 employees.

Income and spending

$0$28k$56k$83k$111k2019 Income: $109,9992019 Spending: $111,13520192020 Income: $63,3582020 Spending: $99,9702020
IncomeSpending

Where the income comes from

  • Contributions & grants 0.9%
  • Other 99%

Similar-sized charities, same cause

CharityLocationIncome
Silicon Valley Cybersecurity InstituteSaratoga$63k
De Molenwiek IncRoswell$63k
Halls of Ivy Pediatric FoundationWeslaco$63k
Needham High School Parent Teacher Council TrustNeedham$63k