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Teach the Future Inc

RegisteredEIN 47-3139174Sacramento, CAEducation and training
Income$87k2023-12
Spending$157ksame year
Spent / received120%3-year average
Size in its cause36th pctEducation and training
Exempt since2015Publicly supported organisat
Employees–latest return

Analysis

Teach the Future Inc is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 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 December 2023, Teach the Future Inc reported income of $87k and spending of $157k, spending 181% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income grew from $77k to $87k (+13%), an average of +6.3% a year. Over the whole period it spent 120% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach the Future Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within CA. Charities of a similar size with the same main cause include Outreach Technology Inc ($87k), Phi Upsilon Omicron Educational Foundation Inc ($87k) and Latino Child Care Association of Maryland Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 74% of the total. At year end it held assets of $54k against liabilities of $41k, net assets of $13k.

Income and spending

$0$39k$79k$118k$157k2019 Income: $76,8852019 Spending: $78,80220192022 Income: $78,2862022 Spending: $54,55420222023 Income: $86,8972023 Spending: $157,3712023
IncomeSpending

Where the income comes from

  • Contributions & grants 25%
  • Program services 74%
  • Other 1.1%

Similar-sized charities, same cause

CharityLocationIncome
Outreach Technology IncLos Angeles$87k
Phi Upsilon Omicron Educational Foundation IncBowling Green$87k
Latino Child Care Association of Maryland IncSilver Spring$87k
Feller SchoolMadison$87k