Team Telomere Inc

Analysis

Team Telomere Inc is a registered charity in United States, based in Missoula, MT. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Team Telomere Inc reported income of $298k and spending of $550k, spending 185% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $715k to $298k (-58%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 58%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Team Telomere Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within MT. Charities of a similar size with the same main cause include Ons Foundation for Clinical Research and Education Inc ($298k), Artists for Trauma ($298k) and Hemophilia and Bleeding Disordersof Alabama ($298k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $124k (23% of expenses). Other salaries and wages came to $156k. At year end it held assets of $470k against liabilities of $7,438, net assets of $462k. It reported 6 employees.