Tantone Industries Inc

Analysis

Tantone Industries Inc is a registered charity in United States, based in Branson, MO. It received its IRS tax-exemption ruling in January 1978, 48 years ago. 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 2023, Tantone Industries Inc reported income of $810k and spending of $785k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $477k to $810k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 71%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tantone Industries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Catholic Community Connection ($810k), East End Arts & Humanities Council ($810k) and Virginia Tribal Education Consortium ($810k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $466k. At year end it held assets of $311k against liabilities of $6,105, net assets of $305k. It reported 41 employees.