Teamsters Assistance Programs Inc

Analysis

Teamsters Assistance Programs Inc is a registered charity in United States, based in Lyndhurst, OH. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2023, Teamsters Assistance Programs Inc reported income of $1.2m and spending of $810k, leaving 34% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income fell from $1.4m to $1.2m (-10%), an average of -3.6% a year. The sharpest change came in the year to March 2021, when income rose by 163%. Over the whole period it spent 62% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Teamsters Assistance Programs Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within OH. Charities of a similar size with the same main cause include Union Retirement Association ($1.2m), Boles Childrens Home Inc ($1.2m) and West Georgia Domestic Violence Shelter Inc ($1.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 56% and program service revenue 25% of the total. Other salaries and wages came to $173k. At year end it held assets of $3.9m against liabilities of $2.4m, net assets of $1.5m. It reported 5 employees.