Teaching-Family Association

Analysis

Teaching-Family Association is a registered charity in United States, based in Anderson, SC. It received its IRS tax-exemption ruling in November 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Teaching-Family Association reported income of $315k and spending of $268k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $265k to $315k (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2022, when income rose by 61%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teaching-Family Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within SC. Charities of a similar size with the same main cause include St Lukes Regional Medical Center Auxiliary Inc ($315k), Colorado Youth Bands ($315k) and Tripoli Rocketry Association Incorporated ($315k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $638k against liabilities of $216k, net assets of $422k.