Tutor Smart

Analysis

Tutor Smart is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in April 2018, 8 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, Tutor Smart reported income of $644k and spending of $528k, spending 82% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $398k to $644k (+62%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 64%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tutor Smart sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within OH. Charities of a similar size with the same main cause include Life Generation USA Inc ($643k), National Association of Corporate Directors ($644k) and Empowering Youth and Communities Inc ($643k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $95k (18% of expenses). Other salaries and wages came to $327k. At year end it held assets of $186k against liabilities of $46k, net assets of $139k. It reported 37 employees.