Team Aid Inc

Analysis

Team Aid Inc is a registered charity in United States, based in Southborough, MA. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Team Aid Inc reported income of $85k and spending of $80k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $85k (+45%), an average of +45% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Team Aid Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 40th percentile within MA. Charities of a similar size with the same main cause include Rosepetals Incorporated ($85k), Maxcen Housing Society Inc Wisconsin Branch ($85k) and Toy Express Children S Charity Inc ($85k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.