Telecom4good

Analysis

Telecom4good is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Telecom4good reported income of $378k and spending of $369k, spending 98% of its income. Across the 6 years on record, from December 2017 to December 2023, income grew from $269k to $378k (+40%), an average of +7.0% a year. The sharpest change came in the year to December 2019, when income rose by 133%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Telecom4good sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Wildbird Recovery Inc ($378k), Massachusetts Society of Clinical Onocologists Inc ($378k) and Mahaska County Historical Society ($378k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 25% of the total. Compensation of current officers, directors and key employees was $109k (29% of expenses). Other salaries and wages came to $54k. At year end it held assets of $126k against liabilities of $0, net assets of $126k. It reported 2 employees.