Teamlift

Analysis

Teamlift is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 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 2023, Teamlift reported income of $1.8m and spending of $1.6m, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $499k to $1.8m (+254%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 211%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teamlift sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within NE. Charities of a similar size with the same main cause include South Broward Montessori Charter School Corp ($1.8m), Uproar Leadership Academy ($1.8m) and College of the Mainland Foundation Inc ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $440k against liabilities of $0, net assets of $440k.