Teachers in Space Inc

Analysis

Teachers in Space Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 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, Teachers in Space Inc reported income of $247k and spending of $287k, spending 116% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income grew from $203k to $247k (+22%), an average of +10% a year. The sharpest change came in the year to September 2022, when income rose by 121%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teachers in Space Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include Missoula Christian Montessori School Inc ($247k), Hand in Hand Christian Preschool Inc ($247k) and Panhandle Weed Management Area ($247k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% and program service revenue 23% of the total. Other salaries and wages came to $162k. At year end it held assets of $551k against liabilities of $601k, net assets of -$50k. It reported 3 employees.