Teach2learn Inc

Analysis

Teach2learn Inc is a registered charity in United States, based in Henrietta, NY. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Teach2learn Inc reported income of $374k and spending of $421k, spending 113% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $155k to $374k (+141%), an average of +55% a year. The sharpest change came in the year to December 2022, when income rose by 111%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach2learn Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within NY. Charities of a similar size with the same main cause include Levi E Coe Library Association ($374k), SCPS Foundation Inc ($374k) and Moynihan Scholarship Fund Inc ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $142k (34% of expenses). Other salaries and wages came to $164k. At year end it held assets of $40k against liabilities of $12k, net assets of $28k. It reported 58 employees.