Charleston Tibetan Society Inc

Analysis

Charleston Tibetan Society Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in September 1996, 30 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, Charleston Tibetan Society Inc reported income of $67k and spending of $41k, leaving 39% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $67k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Charleston Tibetan Society Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 32nd percentile within SC. Charities of a similar size with the same main cause include Operation Sky Valley ($67k), Operation Rescue Childcare Projects ($67k) and Village Free-Dge ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 1.2% of the total. At year end it held assets of $294k against liabilities of $1,097, net assets of $293k.