Teach Access Inc

Analysis

Teach Access Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in June 2021, 5 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 December 2023, Teach Access Inc reported income of $890k and spending of $908k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.4m to $890k (-37%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 65% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Teach Access Inc 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 78th percentile within NC. Charities of a similar size with the same main cause include Heroes Camp Inc ($890k), Cavett Kids Foundation ($890k) and Llano Junior Livestock Show Association ($889k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $107k (12% of expenses). Other salaries and wages came to $255k. At year end it held assets of $1.2m against liabilities of $40k, net assets of $1.2m. It reported 7 employees.