Telluride Association Inc

Analysis

Telluride Association Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in June 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2024, Telluride Association Inc reported income of $2.1m and spending of $3.4m, spending 162% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $12.4m to $2.1m (-83%), an average of -36% a year. The sharpest change came in the year to May 2023, when income dropped by 63%. Over the whole period it spent 50% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Telluride Association Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Brea H O P E Inc ($2.1m), Kakenyas Dream ($2.1m) and Kings Academy Christian School Inc ($2.1m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 16% of the total. Compensation of current officers, directors and key employees was $344k (10% of expenses). Other salaries and wages came to $946k. At year end it held assets of $73.5m against liabilities of $95k, net assets of $73.4m. It reported 46 employees.