Generation Teach Inc

Analysis

Generation Teach Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in May 2015, 11 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 September 2023, Generation Teach Inc reported income of $6.3m and spending of $6.0m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.4m to $6.3m (+157%), an average of +27% a year. The sharpest change came in the year to September 2022, when income rose by 160%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Generation Teach Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Capitol Education Foundation ($6.3m), Charter School Inc ($6.3m) and Lafayette Partners in Education ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 53% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $744k (12% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $5.4m against liabilities of $147k, net assets of $5.2m. It reported 21 employees.