Tech-Nique Inc

Analysis

Tech-Nique Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in October 2022, 4 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, Tech-Nique Inc reported income of $433k and spending of $512k, spending 118% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income grew from $71k to $433k (+513%), an average of +148% a year. The sharpest change came in the year to December 2023, when income rose by 159%. Over the whole period it spent 108% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tech-Nique Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within KY. Charities of a similar size with the same main cause include Council for American Private Education ($433k), Rockport Fulton Isd Education Foundation ($433k) and Ocean First Institute ($433k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $151k (30% of expenses). Other salaries and wages came to $34k. At year end it held assets of $18k against liabilities of $2,724, net assets of $16k. It reported 4 employees.