Resource Area for Teaching

Analysis

Resource Area for Teaching is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in July 1994, 32 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 2023, Resource Area for Teaching reported income of $2.5m and spending of $3.6m, spending 145% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $582k to $2.5m (+328%), an average of +44% a year. The sharpest change came in the year to June 2020, when income rose by 1529%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Resource Area for Teaching sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include City Academy ($2.5m), Por Vida Inc ($2.5m) and Wilson Christian Academy ($2.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $789k (22% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $15.7m against liabilities of $446k, net assets of $15.2m. It reported 62 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.