The Tandana Foundation Inc

Analysis

The Tandana Foundation Inc is a registered charity in United States, based in Spring Valley, OH. It received its IRS tax-exemption ruling in December 2006, 20 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 December 2023, The Tandana Foundation Inc reported income of $867k and spending of $938k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $531k to $867k (+63%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Tandana Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within OH. Charities of a similar size with the same main cause include Science Is Elementary Inc ($867k), Millicent Library ($867k) and Menachem Mendel Academy ($867k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $88k (9.3% of expenses). Other salaries and wages came to $35k. At year end it held assets of $914k against liabilities of $3,321, net assets of $911k. It reported 4 employees.