Technology in Education Colorado Inc

Analysis

Technology in Education Colorado Inc is a registered charity in United States, based in Colorado Springs, CO. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, Technology in Education Colorado Inc reported income of $177k and spending of $208k, spending 118% of what it took in. Across the 6 years on record, from September 2018 to September 2023, income grew from $160k to $177k (+11%), an average of +2.1% a year. The sharpest change came in the year to September 2022, when income rose by 85%. Over the whole period it spent 117% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Technology in Education Colorado Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 47th percentile within CO. Charities of a similar size with the same main cause include University of Michigan Club of Wash DC ($177k), Port Huron Town Hall Series ($177k) and Olde English Consortium ($177k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.8% and program service revenue 80% of the total. Other salaries and wages came to $16k. At year end it held assets of $577k against liabilities of $0, net assets of $577k. It reported 1 employees.