Teachers Like Me

Analysis

Teachers Like Me is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Teachers Like Me reported income of $882k and spending of $683k, leaving 23% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $347k to $882k (+155%), an average of +155% a year. The sharpest change came in the year to June 2023, when income rose by 155%. Over the whole period it spent 82% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teachers Like Me sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within MO. Charities of a similar size with the same main cause include Family Development Enterprises Inc ($882k), Future for Kids ($884k) and Trustees of Purdue University ($882k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $104k (15% of expenses). Other salaries and wages came to $70k. At year end it held assets of $296k against liabilities of $257k, net assets of $39k.