Teleo University

Analysis

Teleo University is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Teleo University reported income of $364k and spending of $394k, spending 108% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $465k to $364k (-22%), an average of -22% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teleo University sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 62nd percentile within CO. Charities of a similar size with the same main cause include Mancos Valley Dragonfly School ($364k), Plumbing Heating Cooling Contractors Training Program Inc ($364k) and University Club Foundation ($364k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $199k (51% of expenses). Other salaries and wages came to $70k. At year end it held assets of $84k against liabilities of $9,633, net assets of $74k. It reported 9 employees.