Weteachthink

Analysis

Weteachthink is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in June 2019, 7 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 December 2023, Weteachthink reported income of $235k and spending of $267k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $381k to $235k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Weteachthink sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within NE. Charities of a similar size with the same main cause include Wisecamps ($235k), Bergen Electronic Library for Schools Consortium for School Libr ($235k) and Wyoming Association of School Administrators ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $68k (26% of expenses). At year end it held assets of $30k against liabilities of $3,015, net assets of $27k. It reported 1 employees.