Teamwork Africa Inc

Analysis

Teamwork Africa Inc is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Africa Inc reported income of $205k and spending of $168k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $205k (+46%), an average of +46% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Teamwork Africa Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within WI. Charities of a similar size with the same main cause include Mission Endeavors ($204k), Walking with God Presbyterian Church Inc ($205k) and Eucharistic Apostles of Divine Mercy Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $32k (19% of expenses). Other salaries and wages came to $9,936. At year end it held assets of $86k against liabilities of $7,136, net assets of $79k.