Techsoup Global

Analysis

Techsoup Global is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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, Techsoup Global reported income of $36.2m and spending of $43.5m, spending 120% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.1m to $36.2m (+25%), an average of +5.6% a year. The sharpest change came in the year to June 2020, when income rose by 40%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Techsoup Global sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Patriot Services Group Inc ($36.2m), Circle Health Services ($36.3m) and Galloway School Inc ($36.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.9m (4.4% of expenses). Other salaries and wages came to $17.8m. At year end it held assets of $17.7m against liabilities of $15.8m, net assets of $1.9m. It reported 271 employees.