Ga Telesis Charitable Fund Inc

Analysis

Ga Telesis Charitable Fund Inc is a registered charity in United States, based in Ft Lauderdale, FL. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ga Telesis Charitable Fund Inc reported income of $652k and spending of $645k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $388k to $652k (+68%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 260%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ga Telesis Charitable Fund Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Nation Fund for Independent Journalism Inc ($652k), Harold E Eisenberg Foundation ($653k) and Youth Village Resources of Dallas Inc ($652k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.