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Teacher Prep Inspection-Us Inc

RegisteredEIN 47-4159411Sarasota, FLEducation and training
Income$6.6m2023-12
Spending$2.2msame year
Spent / received72%5-year average
Size in its cause91st pctEducation and training
Exempt since2015Publicly supported organisat
Employees1latest return

Analysis

Teacher Prep Inspection-Us Inc is a registered charity in United States, based in Sarasota, FL. 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, Teacher Prep Inspection-Us Inc reported income of $6.6m and spending of $2.2m, leaving 67% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.8m to $6.6m (+270%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 241%. Over the whole period it spent 72% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teacher Prep Inspection-Us Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Provisional Educational Services Incorporated ($6.6m), RSF Social Investment Fund Inc ($6.6m) and Ensign Learning Center ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $279k (13% of expenses). Other salaries and wages came to $115k. At year end it held assets of $4.9m against liabilities of $424k, net assets of $4.5m. It reported 1 employees.

Income and spending

$0$1.6m$3.3m$4.9m$6.6m2019 Income: $1,776,7882019 Spending: $2,428,51320192020 Income: $812,0862020 Spending: $992,90220202021 Income: $1,290,3672021 Spending: $1,353,84120212022 Income: $1,930,6512022 Spending: $1,916,18620222023 Income: $6,577,0842023 Spending: $2,182,9752023
IncomeSpending

Where the income comes from

  • Contributions & grants 66%
  • Program services 34%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Provisional Educational Services IncorporatedSN Bernrdno$6.6m
RSF Social Investment Fund IncSan Francisco$6.6m
Ensign Learning CenterW Valley City$6.6m
Beacon Academy of NevadaLas Vegas$6.6m