T-Net International

Analysis

T-Net International is a registered charity in United States, based in Centennial, CO. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, T-Net International reported income of $2.9m and spending of $2.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.9m (+78%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 102% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, T-Net International sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CO. Charities of a similar size with the same main cause include Tucker Community Foundation ($2.9m), Northern Nevada Childrens Cancer Foundation Inc ($2.9m) and Will Rogers Heritage Inc C/O Will Rogers Memorial ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $73k (2.5% of expenses). Other salaries and wages came to $265k. At year end it held assets of $377k against liabilities of $0, net assets of $377k. It reported 11 employees.