Ten Strands

Analysis

Ten Strands is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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 June 2023, Ten Strands reported income of $4.1m and spending of $4.2m, spending 102% of its income. Across the 5 years on record, from December 2019 to June 2023, income grew from $1.5m to $4.1m (+175%), an average of +29% a year. The sharpest change came in the year to June 2022, when income rose by 293%. Over the whole period it spent 108% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Ten Strands 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 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Friends of the Arava Institute Ltd ($4.1m), Franklin S Charge Inc ($4.1m) and Southern Plains Land Trust ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% and program service revenue 56% of the total. Compensation of current officers, directors and key employees was $331k (8.0% of expenses). Other salaries and wages came to $961k. At year end it held assets of $6.6m against liabilities of $3.5m, net assets of $3.2m. It reported 12 employees.