The Intandem Foundation Inc

Analysis

The Intandem Foundation Inc is a registered charity in United States, based in Olean, NY. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2022, The Intandem Foundation Inc reported income of $302k and spending of $178k, leaving 41% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $258k to $302k (+17%), an average of +5.4% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Intandem Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Sherburne County Area United Way ($302k), All for Lunch Inc ($302k) and Sunrise Rotary Club of Healdsburg Foundation ($302k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 37% of the total. At year end it held assets of $5.8m against liabilities of $515k, net assets of $5.3m.