Tea Area School District Association

Analysis

Tea Area School District Association is a registered charity in United States, based in Tea, SD. It received its IRS tax-exemption ruling in March 2003, 23 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, Tea Area School District Association reported income of $101k and spending of $155k, spending 154% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $128k to $101k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tea Area School District Association sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 32nd percentile within SD. Charities of a similar size with the same main cause include North West Indian Head Start Coalition ($101k), Owsley Stanley Foundation ($101k) and Midwest Affordable Housing Educational Opportunities ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.3% of the total. At year end it held assets of $134k against liabilities of $0, net assets of $134k.