T D Associates Inc

Analysis

T D Associates Inc is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in February 1994, 32 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, T D Associates Inc reported income of $907k and spending of $1.1m, spending 127% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $979k to $907k (-7.3%), an average of -1.9% a year. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T D Associates Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Paul W Barret Jr School of Banking ($907k), G L a D House Inc ($908k) and Lakewood Community Care Center ($907k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $124k. At year end it held assets of $9.3m against liabilities of $4.1m, net assets of $5.3m.

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.