Teach For America Inc: $275.6M Revenue, $298.2M Expenses
New York, New York · EIN 133541913 · Filing year 2023
Teach For America Inc reported $275.6M in total revenue, $298.2M in total expenses, and $527.2M in total assets on its 2023 IRS Form 990. Total compensation for current officers and key employees was $2.1M (0.77% of revenue). NonprofitTruth efficiency grade: B (67/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.
Key Facts (2023 Form 990)
- Total Revenue
- $275.6M
- Total Expenses
- $298.2M
- Total Assets
- $527.2M
- Reserve Months
- 21.2 months
- Surplus / (Deficit)
- $-22,584,386
- EIN
- 133541913
- Latest 990 Year
- 2023
- Current-Officer Compensation
- $2.1M
- Officer Comp % of Revenue
- 0.77%
Teach For America Inc grades a B on the NonprofitTruth efficiency rubric. 67/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
Annual revenue at Teach For America Inc runs $275.6M (2023), placing it among the larger U.S. nonprofits in the IRS Form 990 dataset. On the reserves factor, Teach For America Inc scores well — assets relative to annual spending sit in the range nonprofit-finance experts consider healthy (roughly three months to two years of operating expenses).
Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. Officer compensation is modest relative to organizational size: Teach For America Inc reports $2.1M in total compensation for current officers and key employees (Form 990 Part IX, line 5) against $275.6M in revenue. The ratio is well within the bands third-party charity raters consider reasonable at this scale. In the Education category, Teach For America Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue figures should be read.
How Teach For America Inc Compares
Teach For America Inc earns a NonprofitTruth efficiency grade of B (67/100). That is 3 points above the Education category average. Compensation for current officers and key employees represents 0.77% of total revenue. The organization holds 21.2 months of operating reserves, indicating strong financial cushion.
990 Financial Snapshot
Based on IRS tax-exempt organization data, Teach For America Inc reported $275.6M in revenue against $298.2M in total functional expenses for filing year 2023, holding roughly 21.2 months of operating reserves. A program-vs-overhead split is not shown here because total program service expenses (Form 990 Part IX, line 25, column B) are not available in the ProPublica Nonprofit Explorer feed this site ingests; that breakdown can be read directly from the organization’s e-filed 990.
The 990 reports $2.1M in total compensation for current officers, directors, trustees, and key employees (Part IX, line 5) — 0.77% of total revenue. This is an aggregate across all listed officers; per-person amounts appear on Schedule J.
Revenue History
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Teach For America Inc has a NonprofitTruth Efficiency Score of B (67/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Teach For America Inc, Donor FAQ
Teach For America Inc has a NonprofitTruth Efficiency Score of B (67/100), a financial-structure summary based on operating reserves, multi-year revenue consistency, and officer compensation relative to revenue — all drawn from the organization's IRS Form 990.
Teach For America Inc reports $2.1M in total compensation for current officers, directors, trustees, and key employees (IRS Form 990 Part IX, line 5), representing 0.77% of the organization's $275.6M in annual revenue. This is an aggregate figure for all listed officers, not a single executive's salary; per-person pay is detailed on Schedule J of the 990.
Teach For America Inc reported $275.6M in annual revenue and $298.2M in total expenses for filing year 2023. The organization holds $527.2M in total assets.
Teach For America Inc holds approximately 21.2 months of operating reserves (total assets relative to annual expenses) based on its 2023 IRS Form 990, one input into its B efficiency grade.
Teach For America Inc is a registered 501(c) organization with EIN 133541913, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS Form 990 filings via ProPublica Nonprofit Explorer. The Efficiency Score combines three signals the 990 feed actually reports: financial health / operating reserves (40%), multi-year revenue consistency (35%), and current-officer compensation relative to revenue (25%). It does not include a program-spending ratio, because total program service expenses are not exposed by the ProPublica feed; no program ratio is estimated. Filing data may lag 6-18 months from the tax year.