Tag Education Collaborative Inc

Analysis

Tag Education Collaborative Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Tag Education Collaborative Inc reported income of $886k and spending of $967k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $428k to $886k (+107%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 163%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tag Education Collaborative Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Hawaii Island United Way Inc ($886k), Balmer Foundation Inc ($887k) and Friends of South Georgia Island ($885k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $156k (16% of expenses). Other salaries and wages came to $316k. At year end it held assets of $501k against liabilities of $143k, net assets of $358k. It reported 6 employees.