Tech My School
Analysis
Tech My School is a registered charity in United States, based in Luquillo, PR. It received its IRS tax-exemption ruling in March 2022, 4 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, Tech My School reported income of $1.2m and spending of $800k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $267k to $1.2m (+338%), an average of +338% a year. The sharpest change came in the year to December 2023, when income rose by 338%. Over the whole period it spent 67% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Tech My School sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 74th percentile within PR. Charities of a similar size with the same main cause include Kenya Works Inc ($1.2m), District Montessori ($1.2m) and Auxiliary Service Corporation of Mohawk Valley Community College in ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $17k. At year end it held assets of $475k against liabilities of $0, net assets of $475k.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kenya Works Inc | Appleton | $1.2m |
| District Montessori | Washington | $1.2m |
| Auxiliary Service Corporation of Mohawk Valley Community College in | Utica | $1.2m |
| Ark Preschool | Rockwall | $1.2m |