Teammates Mentoring Program

Analysis

Teammates Mentoring Program is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 2023, Teammates Mentoring Program reported income of $4.4m and spending of $3.9m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.6m to $4.4m (+22%), an average of +5.1% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teammates Mentoring Program sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within NE. Charities of a similar size with the same main cause include Girl Scouts of Kansas Heartland Inc ($4.4m), Boys and Girls Clubs of Newark Inc ($4.4m) and Boys and Girls Clubs of the Cedar Valley Inc ($4.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. Compensation of current officers, directors and key employees was $371k (9.5% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $5.1m against liabilities of $602k, net assets of $4.5m. It reported 53 employees.