Team 94

Analysis

Team 94 is a registered charity in United States, based in Roseland, NJ. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Team 94 reported income of $84k and spending of $8,150, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $103k to $84k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 5.1% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Team 94 sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Friends of Quaker Valley Schools ($84k), Del Paso Foundation ($84k) and Friends of the Lakewood Ranch Library Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $487k against liabilities of $0, net assets of $487k.