A Gift for Teaching Inc

Analysis

A Gift for Teaching Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in September 1998, 28 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 June 2024, A Gift for Teaching Inc reported income of $12.4m and spending of $12.8m, spending 104% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $9.8m to $12.4m (+26%), an average of +6.1% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, A Gift for Teaching Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within FL. Charities of a similar size with the same main cause include Children of Fallen Patriots Foundation ($12.4m), Preschool Promise Inc ($12.4m) and Davidson Day School ($12.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $104k (0.8% of expenses). Other salaries and wages came to $637k. At year end it held assets of $4.6m against liabilities of $8,655, net assets of $4.6m. It reported 15 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.