Tecbridge

Analysis

Tecbridge is a registered charity in United States, based in Scranton, PA. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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 2023, Tecbridge reported income of $277k and spending of $269k, spending 97% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $218k to $277k (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2020, when income rose by 29%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tecbridge sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within PA. Charities of a similar size with the same main cause include Sauk Prairie Music Association Inc ($277k), Historic Salem Courthouse Preservation Association Inc ($277k) and Lewis & Clark National Park Association ($277k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 25% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $111k (41% of expenses). Other salaries and wages came to $2,749. At year end it held assets of $114k against liabilities of $119k, net assets of -$5,199. It reported 6 employees.