Tenet Care Fund

Analysis

Tenet Care Fund is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Tenet Care Fund reported income of $201k and spending of $325k, spending 162% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $451k to $201k (-55%), an average of -15% a year. The sharpest change came in the year to December 2020, when income rose by 302%. Over the whole period it spent 90% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Tenet Care Fund sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within TX. Charities of a similar size with the same main cause include Verdunville Volunteer Fire Department Inc ($201k), Dravosburg Vol Fire Dept 1 ($201k) and Greenfield TWP Vol Fire Co ($201k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.