Ten Talents Global Initiatives

Analysis

Ten Talents Global Initiatives is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Ten Talents Global Initiatives reported income of $2.4m and spending of $309k, leaving 87% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $397k to $2.4m (+516%), an average of +148% a year. The sharpest change came in the year to December 2020, when income rose by 423%. Over the whole period it spent 16% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ten Talents Global Initiatives sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within MO. Charities of a similar size with the same main cause include National Alliance for Caregiving ($2.4m), Legacy Behavioral Services Inc ($2.4m) and Coordinadora Paz Para LA Mujer Inc ($2.4m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $5.3m against liabilities of $800k, net assets of $4.5m.