Teach For America Inc
Teach For America Inc. consistently operates with deficits, drawing on substantial assets to fund its programs.
EIN: 133541913 · New York, NY · NTEE: B400 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $269.4M |
| Total Expenses | $298.2M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $423.6M |
| Transparency Score | 70/100 |
Is Teach For America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Teach For America Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Teach For America Inc
Teach For America Inc (EIN: 133541913) is a nonprofit organization based in New York, NY, classified under NTEE code B400. The organization reported total revenue of $269.4M and total assets of $558.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teach For America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teach For America Inc is a major nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $275.6M |
| Total Expenses | $298.2M |
| Surplus / Deficit | $-22,584,386 |
| Total Assets | $527.2M |
| Total Liabilities | $103.5M |
| Net Assets | $423.6M |
| Operating Margin | -8.2% |
| Debt-to-Asset Ratio | 19.6% |
| Months of Reserves | 21.2 months |
Financial Health Grade: B
In 2023, Teach For America Inc reported a deficit of $22.6M with expenses exceeding revenue, holds 21.2 months of operating reserves (strong position), has a debt-to-asset ratio of 19.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Teach For America Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.8% | +10.5% | +5.7% |
| 2022 | -12.5% | +4.3% | -14.1% |
| 2021 | -7.8% | -10.4% | +27.3% |
| 2020 | -15.6% | +0.2% | -0.9% |
| 2019 | +22.8% | +1.2% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Teach For America Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Teach For America Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 19.6%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% for officer compensation, which is unusual for an organization of this size with over $200 million in annual revenue and suggests that executive compensation details are either not captured in this specific field or are aggregated elsewhere, making it difficult to assess relative to the organization's scale.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Teach For America Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $22.5M in 202305, $49M in 202205)
- Lack of detailed officer compensation reporting (0% across all filings)
- Significant fluctuations in annual revenue, indicating potential funding instability
Strengths
The following positive indicators were identified for Teach For America Inc:
- Strong asset base ($527,184,582 in 202305) providing financial stability
- Consistent IRS 990 filing history, indicating good compliance
- Large scale of operations with over $200M in annual revenue, suggesting significant impact potential
Frequently Asked Questions about Teach For America Inc
Is Teach For America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Teach For America Inc (EIN: 133541913) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Teach For America Inc spend its money?
Teach For America Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Teach For America Inc tax-deductible?
Teach For America Inc is registered as a tax-exempt nonprofit (EIN: 133541913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Teach For America Inc CEO make?
Teach For America Inc's highest-compensated officer earns $200 annually. The organization reported $269.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Teach For America Inc's spending goes to programs?
Teach For America Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Teach For America Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Teach For America Inc is above average for NTEE category B400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Teach For America Inc located?
Teach For America Inc is headquartered in New York, New York and files with the IRS under EIN 133541913. It is classified under NTEE code B400.
How many years of IRS 990 filings does Teach For America Inc have?
Teach For America Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $269.4M in total revenue.
Is Teach For America Inc. financially sustainable given its recurring operating deficits?
While Teach For America Inc. has reported operating deficits in many recent years (e.g., $22.5M in 202305, $49M in 202205), its substantial asset base (over $500M in 202305) provides a buffer. However, sustained deficits without corresponding revenue growth or expense reduction could eventually impact long-term sustainability.
How does Teach For America Inc. fund its operations when expenses exceed revenue?
The organization likely draws upon its significant accumulated assets and reserves to cover operating deficits. For instance, in 202305, assets were $527,184,582, which can absorb the $22.5 million deficit for that period.
What is the trend in Teach For America Inc.'s revenue and expenses over time?
Revenue has fluctuated, peaking at $324M in 201905 and dipping to $220M in 202205 before recovering to $275M in 202305. Expenses have generally remained high, often exceeding revenue, indicating a consistent operational model that relies on existing capital or prior surpluses.
Filing History
IRS 990 filing history for Teach For America Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Teach For America Inc's revenue has grown by 1.9%, moving from $270.5M to $275.6M. Total assets increased by 41.5% over the same period, from $372.6M to $527.2M. Total functional expenses rose by 36.3%, from $218.7M to $298.2M. In its most recent filing year (2023), Teach For America Inc reported a deficit of $22.6M, with expenses exceeding revenue. The organization holds $103.5M in liabilities against $527.2M in assets (debt-to-asset ratio: 19.6%), resulting in net assets of $423.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $275.6M | $298.2M | $527.2M | $103.5M | — | View 990 |
| 2022 | $220.7M | $269.7M | $498.7M | $49.6M | — | View 990 |
| 2021 | $252.4M | $258.6M | $580.5M | $54.4M | — | View 990 |
| 2020 | $273.6M | $288.6M | $456.1M | $49.9M | — | View 990 |
| 2019 | $324.1M | $288.0M | $460.1M | $60.0M | — | View 990 |
| 2018 | $264.0M | $284.5M | $436.7M | $70.0M | — | View 990 |
| 2017 | $272.9M | $287.1M | $420.1M | $60.4M | — | View 990 |
| 2016 | $303.2M | $328.2M | $402.8M | $59.7M | — | View 990 |
| 2015 | $300.4M | $375.5M | $444.4M | $67.7M | — | View 990 |
| 2014 | $331.1M | $357.4M | $493.6M | $55.7M | — | View 990 |
| 2013 | $196.2M | $189.1M | $470.5M | $32.0M | — | View 990 |
| 2012 | $306.8M | $251.0M | $447.4M | $28.3M | — | View 990 |
| 2011 | $270.5M | $218.7M | $372.6M | $21.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275.6M, expenses of $298.2M, and assets of $527.2M (revenue +24.8% year-over-year).
- 2022: Revenue of $220.7M, expenses of $269.7M, and assets of $498.7M (revenue -12.5% year-over-year).
- 2021: Revenue of $252.4M, expenses of $258.6M, and assets of $580.5M (revenue -7.8% year-over-year).
- 2020: Revenue of $273.6M, expenses of $288.6M, and assets of $456.1M (revenue -15.6% year-over-year).
- 2019: Revenue of $324.1M, expenses of $288.0M, and assets of $460.1M (revenue +22.8% year-over-year).
- 2018: Revenue of $264.0M, expenses of $284.5M, and assets of $436.7M (revenue -3.3% year-over-year).
- 2017: Revenue of $272.9M, expenses of $287.1M, and assets of $420.1M (revenue -10.0% year-over-year).
- 2016: Revenue of $303.2M, expenses of $328.2M, and assets of $402.8M (revenue +0.9% year-over-year).
- 2015: Revenue of $300.4M, expenses of $375.5M, and assets of $444.4M (revenue -9.3% year-over-year).
- 2014: Revenue of $331.1M, expenses of $357.4M, and assets of $493.6M (revenue +68.7% year-over-year).
- 2013: Revenue of $196.2M, expenses of $189.1M, and assets of $470.5M (revenue -36.0% year-over-year).
- 2012: Revenue of $306.8M, expenses of $251.0M, and assets of $447.4M (revenue +13.4% year-over-year).
- 2011: Revenue of $270.5M, expenses of $218.7M, and assets of $372.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teach For America Inc:
Data Sources and Methodology
This transparency report for Teach For America Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.