Temenos Inc

Analysis

Temenos Inc is a registered charity in United States, based in Shutesbury, MA. It received its IRS tax-exemption ruling in September 1980, 46 years ago. 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 March 2024, Temenos Inc reported income of $62k and spending of $53k, spending 86% of its income. Across the 3 years on record, from March 2022 to March 2024, income fell from $67k to $62k (-7.5%), an average of -3.8% a year. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Temenos Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 33rd percentile within MA. Charities of a similar size with the same main cause include Eagle Pass Youth Sports Center Complex ($62k), Southern Tuolumne County Historical Society ($62k) and New Mexico Genealogical Society ($62k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 23% and program service revenue 73% of the total. At year end it held assets of $400k against liabilities of $0, net assets of $400k.