Team 66 Education Foundation

Analysis

Team 66 Education Foundation is a registered charity in United States, based in Downers Grove, IL. It received its IRS tax-exemption ruling in June 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 June 2024, Team 66 Education Foundation reported income of $111k and spending of $97k, spending 88% of its income. Across the 4 years on record, from June 2022 to June 2024, income grew from $61k to $111k (+80%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Team 66 Education Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within IL. Charities of a similar size with the same main cause include Literacy for Kids Inc ($111k), Bridgepointe Inc ($111k) and West Paris Explorers Program ($111k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 74% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.