Tellus Institute Inc

Analysis

Tellus Institute Inc is a registered charity in United States, based in North Quincy, MA. It received its IRS tax-exemption ruling in June 1977, 49 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Tellus Institute Inc reported income of $95k and spending of $478k, spending 501% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $227k to $95k (-58%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 352% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Tellus Institute Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include The Sandy Springs Conservancy Inc ($95k), Old-Forest ($96k) and WK Preservation Group Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $216k (45% of expenses). Other salaries and wages came to $90k. At year end it held assets of $565k against liabilities of $68k, net assets of $497k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.