Ten Directions Inc

Analysis

Ten Directions Inc is a registered charity in United States, based in Chester, CT. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Ten Directions Inc reported income of $2.3m and spending of $1.9m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.3m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ten Directions Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 85th percentile within CT. Charities of a similar size with the same main cause include Enrichment and Social Opportunities for Life Skills ($2.3m), Walker House ($2.3m) and Blue Ridge Area Coalition for the Homeless ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $138k (7.3% of expenses). Other salaries and wages came to $794k. At year end it held assets of $4.5m against liabilities of $2.7m, net assets of $1.8m. It reported 34 employees.