Tentmakers

Analysis

Tentmakers is a registered charity in United States, based in Eden Prairie, MN. It received its IRS tax-exemption ruling in October 1980, 46 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Tentmakers reported income of $479k and spending of $842k, spending 176% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $776k to $479k (-38%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 109% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tentmakers sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within MN. Charities of a similar size with the same main cause include Heart of God Ministries Inc ($479k), Hanuman Maui ($479k) and Congregation Aish Tamid of Los Angeles ($478k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 61% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $84k (10.0% of expenses). Other salaries and wages came to $257k. At year end it held assets of $975k against liabilities of $950k, net assets of $25k. It reported 7 employees.