Teachunited

Analysis

Teachunited is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in November 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, Teachunited reported income of $1.9m and spending of $1.9m, spending 104% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.2m to $1.9m (+63%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teachunited sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Reach Education Fund ($1.9m), California Aggie Alumni Association ($1.9m) and Jumpstart Coalition for Personal Financial Literacy ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $350k (18% of expenses). Other salaries and wages came to $941k. At year end it held assets of $656k against liabilities of $5,821, net assets of $651k. It reported 13 employees.