Teachers Supporting Teachers

Analysis

Teachers Supporting Teachers is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 May 2023, Teachers Supporting Teachers reported income of $736k and spending of $468k, leaving 36% of income unspent that year. Across the 4 years on record, from May 2020 to May 2023, income grew from $223k to $736k (+230%), an average of +49% a year. The sharpest change came in the year to May 2022, when income rose by 98%. Over the whole period it spent 58% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Teachers Supporting Teachers sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within IL. Charities of a similar size with the same main cause include Angeline Industries Inc ($736k), Nonproliferation Policy Education Center ($737k) and Appalachian Ohio Manufacturers Coalition ($736k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $271k. At year end it held assets of $897k against liabilities of $10k, net assets of $887k. It reported 3 employees.