Teachaids

Analysis

Teachaids is a registered charity in United States, based in Stanford, CA. It received its IRS tax-exemption ruling in November 2009, 17 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, Teachaids reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.9m to $1.9m (+0.8%), an average of +0.2% a year. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teachaids sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include MHMR Visions ($1.9m), Claris Health ($1.9m) and Young Womens Christian Association ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $1 (0.0% of expenses). At year end it held assets of $122k against liabilities of $1,690, net assets of $120k. It reported 1 employees.