Tergar International

Analysis

Tergar International is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in May 2004, 22 years ago. 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, Tergar International reported income of $5.0m and spending of $5.5m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $5.0m (+84%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tergar International sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MN. Charities of a similar size with the same main cause include Whitby Road Alliance Inc ($5.0m), Boy Scouts of America ($5.0m) and Palomar Family Counseling Service Inc ($5.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $99k (1.8% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $3.1m against liabilities of $372k, net assets of $2.8m. It reported 25 employees.