Tai Studies Center

Analysis

Tai Studies Center is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in September 1984, 42 years ago. 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 2024, Tai Studies Center reported income of $656k and spending of $671k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $493k to $656k (+33%), an average of +7.4% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tai Studies Center sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within IA. Charities of a similar size with the same main cause include Boy Scouts of America ($656k), Houston County Fair and Youth Livestock Show Inc ($656k) and Colorado Therapeutic Riding Center ($656k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $149k (22% of expenses). Other salaries and wages came to $14k. At year end it held assets of $97k against liabilities of $0, net assets of $97k. It reported 5 employees.

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.