Tech-Moms

Analysis

Tech-Moms is a registered charity in United States, based in Bountiful, UT. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tech-Moms reported income of $632k and spending of $445k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $450k to $632k (+41%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tech-Moms sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 73rd percentile within UT. Charities of a similar size with the same main cause include Brigham Young University ($632k), Amazing Life Games Pre School ($632k) and Venture for Success Preparatory Learning Center ($632k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.8% of the total. Compensation of current officers, directors and key employees was $165k (37% of expenses). Other salaries and wages came to $39k. At year end it held assets of $418k against liabilities of $80k, net assets of $338k. It reported 7 employees.