Teamwork USA Education Corporation

Analysis

Teamwork USA Education Corporation is a registered charity in United States, based in Palm BCH GDNS, FL. It received its IRS tax-exemption ruling in October 2012, 14 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 December 2023, Teamwork USA Education Corporation reported income of $315k and spending of $292k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $487k to $315k (-35%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. 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, Teamwork USA Education Corporation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Prairie Meadows Provate School Inc ($315k), Raleigh Day School ($315k) and Folds of Honor Foundation ($314k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $1.4m against liabilities of $716k, net assets of $716k.