Teamability Inc

Analysis

Teamability Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in September 2004, 22 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 June 2023, Teamability Inc reported income of $1.9m and spending of $1.6m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $851k to $1.9m (+123%), an average of +22% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teamability Inc 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 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Crawford Christian Academy ($1.9m), Peoria Academy Inc ($1.9m) and Hillside Learning Center ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $68k (4.1% of expenses). Other salaries and wages came to $816k. At year end it held assets of $936k against liabilities of $204k, net assets of $732k. It reported 17 employees.