Temco Inc

Analysis

Temco Inc is a registered charity in United States, based in Marthasville, MO. It received its IRS tax-exemption ruling in January 1972, 54 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 September 2023, Temco Inc reported income of $1.3m and spending of $1.4m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.4m to $1.3m (-4.4%), an average of -1.1% a year. The sharpest change came in the year to September 2021, when income rose by 41%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Temco Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Ohio Amvets Charities ($1.3m), Boys and Girls Clubs of Greater Gaston Inc ($1.3m) and International Insurance Society Inc ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 43% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $77k (5.6% of expenses). Other salaries and wages came to $899k. At year end it held assets of $1.1m against liabilities of $70k, net assets of $1.0m. It reported 80 employees.