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Teach for Life International

RegisteredEIN 85-1473419Colorado SPGS, COEducation and training
Income$57k2023-12
Spending$53ksame year
Spent / received74%2-year average
Size in its cause25th pctEducation and training
Exempt since2020Publicly supported organisat
Employees–latest return

Analysis

Teach for Life International is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 2020, 6 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, Teach for Life International reported income of $57k and spending of $53k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $93k to $57k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teach for Life International sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within CO. Charities of a similar size with the same main cause include Choir-Parent Booster Club ($57k), Atchison Area Economic Development Corporation Inc ($57k) and Atlantic Highlands Sailing Education Program Inc ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.

Income and spending

$0$23k$47k$70k$93k2022 Income: $93,1132022 Spending: $58,48720222023 Income: $57,3342023 Spending: $52,6452023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Choir-Parent Booster ClubArlington$57k
Atchison Area Economic Development Corporation IncAtchison$57k
Atlantic Highlands Sailing Education Program IncAtlantic HLDS$57k
Monte Vista Education FoundationMonte Vista$57k