City Teaching Alliance Inc

Analysis

City Teaching Alliance Inc is a registered charity in United States, based in Baltimore, MD. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, City Teaching Alliance Inc reported income of $22.7m and spending of $27.9m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $22.8m to $22.7m (-0.5%), an average of -0.1% a year. The sharpest change came in the year to June 2022, when income rose by 57%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, City Teaching Alliance Inc 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 97th percentile within MD. Charities of a similar size with the same main cause include Wiley College ($22.7m), Birch Wathen Lenox School ($22.7m) and St Augustine Preparatory Academy Inc ($22.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $972k (3.5% of expenses). Other salaries and wages came to $7.7m. At year end it held assets of $25.5m against liabilities of $2.1m, net assets of $23.4m. It reported 207 employees.