Tamion Enterprises

Analysis

Tamion Enterprises is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tamion Enterprises reported income of $85k and spending of $98k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $27k to $85k (+215%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 6207%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tamion Enterprises sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Feeding Kids Cleveland County ($85k), Lots ($85k) and Crisis Family Care Inc ($85k).

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 $448k against liabilities of $169k, net assets of $279k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.