Teaching Well Inc

Analysis

Teaching Well Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 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 June 2023, Teaching Well Inc reported income of $2.2m and spending of $1.4m, leaving 38% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $321k to $2.2m (+600%), an average of +91% a year. The sharpest change came in the year to June 2021, when income rose by 287%. Over the whole period it spent 59% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teaching Well Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Heritage Christian Academy ($2.2m), All Belong ($2.2m) and Sharing and Technology Enhancing Local Library Access ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $170k (12% of expenses). Other salaries and wages came to $768k. At year end it held assets of $2.5m against liabilities of $49k, net assets of $2.5m. It reported 10 employees.