Techqueria

Analysis

Techqueria is a registered charity in United States, based in Covina, CA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Techqueria reported income of $304k and spending of $222k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income grew from $221k to $304k (+38%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 36%. Over the whole period it spent 75% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Techqueria sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Harrisburg Young Professionals ($304k), Westfield Service League ($304k) and Oregon Community Solutions ($304k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 79% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $62k (28% of expenses). Other salaries and wages came to $44k. At year end it held assets of $232k against liabilities of $0, net assets of $232k. It reported 4 employees.