Teachers Treasures Inc

Analysis

Teachers Treasures Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 2000, 26 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, Teachers Treasures Inc reported income of $11.5m and spending of $11.4m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.5m to $11.5m (+76%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teachers Treasures Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Afya Baltimore Incorporated ($11.5m), Workforce Development Institute Inc ($11.5m) and University of Utah Asia Campus ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $109k (1.0% of expenses). Other salaries and wages came to $360k. At year end it held assets of $3.2m against liabilities of $967k, net assets of $2.2m. It reported 13 employees.