Telemachus Foundation Inc

Analysis

Telemachus Foundation Inc is a registered charity in United States, based in Stamford, CT. It received its IRS tax-exemption ruling in October 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Telemachus Foundation Inc reported income of $165k and spending of $148k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $301k to $165k (-45%), an average of -14% a year. The sharpest change came in the year to December 2021, when income rose by 102%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Telemachus Foundation Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within CT. Charities of a similar size with the same main cause include Xponent Ministries ($165k), Sivananda Yoga Vedanta Center Inc ($165k) and Karazim Ministries International Inc ($165k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. Other salaries and wages came to $45k. At year end it held assets of $468k against liabilities of $0, net assets of $468k. It reported 1 employees.