Teach Western Mass Inc

Analysis

Teach Western Mass Inc is a registered charity in United States, based in Holyoke, MA. It received its IRS tax-exemption ruling in December 2017, 9 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 August 2023, Teach Western Mass Inc reported income of $1.3m and spending of $1.6m, spending 122% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.7m to $1.3m (-22%), an average of -6.1% a year. The sharpest change came in the year to August 2021, when income dropped by 34%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach Western Mass Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MA. Charities of a similar size with the same main cause include Southern Echo Inc ($1.3m), Young World Day School Inc ($1.3m) and Friends of Wla ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 90% and program service revenue 9.3% of the total. Compensation of current officers, directors and key employees was $153k (9.4% of expenses). Other salaries and wages came to $858k. At year end it held assets of $950k against liabilities of $53k, net assets of $897k. It reported 34 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.