Teens Inc

Analysis

Teens Inc is a registered charity in United States, based in Winchester, VA. It received its IRS tax-exemption ruling in May 2014, 12 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, Teens Inc reported income of $790k and spending of $676k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $790k (+187%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teens Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within VA. Charities of a similar size with the same main cause include Page 15 Inc ($790k), Sierra Madre Community Nursery School Association ($790k) and Carmel High School Band Boosters Inc ($790k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $97k (14% of expenses). Other salaries and wages came to $364k. At year end it held assets of $332k against liabilities of $8,542, net assets of $323k. It reported 29 employees.