Tesori Family Foundation Inc

Analysis

Tesori Family Foundation Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Tesori Family Foundation Inc reported income of $248k and spending of $162k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $248k (+1.0%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 58% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tesori Family Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Fillmore County Agricultural Society ($248k), Wolves Football Association ($248k) and Santa Fe Storm Volleyball Club ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 109% of the total. Compensation of current officers, directors and key employees was $13k (8.0% of expenses). Other salaries and wages came to $15k. At year end it held assets of $669k against liabilities of $0, net assets of $669k.