Sanctuary of Tao

Analysis

Sanctuary of Tao is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Sanctuary of Tao reported income of $107k and spending of $86k, spending 80% of its income. Across the 2 years on record, from January 2023 to December 2023, income grew from $50k to $107k (+114%), an average of +114% a year. The sharpest change came in the year to December 2023, when income rose by 114%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sanctuary of Tao sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within AZ. Charities of a similar size with the same main cause include Heritage Choir Inc ($107k), Kallol ($107k) and Candy Store Foundation ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 67% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.