Teach Reach Inspire Build Empower Inc

Analysis

Teach Reach Inspire Build Empower Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Teach Reach Inspire Build Empower Inc reported income of $60k and spending of $117k, spending 195% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $60k (-70%), an average of -70% a year. The sharpest change came in the year to December 2023, when income dropped by 70%. Over the whole period it spent 80% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teach Reach Inspire Build Empower Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 12th percentile within DC. Charities of a similar size with the same main cause include Alaska State Elks Major Project ($60k), Spring Lake Park Panther Youth Football Association ($60k) and Mc2 Technology Inc ($60k).

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 $142k against liabilities of $0, net assets of $142k.