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Each 1 Teach 1 Inc

RegisteredEIN 85-2687596Frederick, MDEducation and training
Income$63k2023-12
Spending$80ksame year
Spent / received75%2-year average
Size in its cause27th pctEducation and training
Exempt since2021Publicly supported organisat
Employees–latest return

Analysis

Each 1 Teach 1 Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in August 2021, 5 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, Each 1 Teach 1 Inc reported income of $63k and spending of $80k, spending 127% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $63k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Each 1 Teach 1 Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within MD. Charities of a similar size with the same main cause include Pathways Theological Education Inc ($63k), Crane Centre Inc ($63k) and East Hampton Rotary Foundation Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.

Income and spending

$0$20k$40k$60k$80k2022 Income: $47,2832022 Spending: $2,44320222023 Income: $62,6102023 Spending: $79,8052023
IncomeSpending

Where the income comes from

  • Contributions & grants 56%
  • Program services 44%

Similar-sized charities, same cause

CharityLocationIncome
Pathways Theological Education IncTucker$63k
Crane Centre IncW Bloomfield$63k
East Hampton Rotary Foundation IncEast Hampton$63k
Shasta High School Choir Boosters ClubRedding$63k