Association of Technology Leaders in Independent Schools

Analysis

Association of Technology Leaders in Independent Schools is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2016, 10 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Association of Technology Leaders in Independent Schools reported income of $1.5m and spending of $1.3m, spending 88% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $698k to $1.5m (+113%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 179%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Association of Technology Leaders in Independent Schools sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Northern Ca Veterans Museum & Heritage Center ($1.5m), Culture Works ($1.5m) and Salisbury Association Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 45% of the total. Compensation of current officers, directors and key employees was $225k (17% of expenses). Other salaries and wages came to $290k. At year end it held assets of $418k against liabilities of $3,219, net assets of $415k. It reported 7 employees.