Teton Literacy Center

Analysis

Teton Literacy Center is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in January 1996, 30 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, Teton Literacy Center reported income of $1.5m and spending of $1.4m, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.0m to $1.5m (+43%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teton Literacy Center sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 88th percentile within WY. Charities of a similar size with the same main cause include Alternative Educational Academy of Ogemaw County ($1.5m), San Antonio Believers Academy Inc ($1.5m) and Aegean Conferences Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $99k (7.3% of expenses). Other salaries and wages came to $607k. At year end it held assets of $4.4m against liabilities of $22k, net assets of $4.4m. It reported 15 employees.