Tenzing Norgay Sherpa Foundation

Analysis

Tenzing Norgay Sherpa Foundation is a registered charity in United States, based in Agoura Hills, CA. It received its IRS tax-exemption ruling in August 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, Tenzing Norgay Sherpa Foundation reported income of $156k and spending of $121k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $156k (+122%), an average of +122% a year. The sharpest change came in the year to December 2023, when income rose by 122%. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tenzing Norgay Sherpa Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include Jim Ellis Employee Charity ($156k), The Recovery Foundation ($156k) and Sharing Time and Resources ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.