Fundacion Teleton USA

Analysis

Fundacion Teleton USA is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Fundacion Teleton USA reported income of $4.0m and spending of $6.2m, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.5m to $4.0m (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 126% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Fundacion Teleton USA sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Buddhist Global Relief ($3.9m), Hands of Hope Northwest Inc ($4.0m) and Cadasta Foundation ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $15.8m against liabilities of $2.1m, net assets of $13.7m.