Terra Nova Counseling

Analysis

Terra Nova Counseling is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in October 1991, 35 years ago. 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 June 2023, Terra Nova Counseling reported income of $947k and spending of $1.0m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $947k (-61%), an average of -21% a year. The sharpest change came in the year to June 2022, when income rose by 67%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Terra Nova Counseling sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Irondale Productions Inc ($947k), Association of Arts Administration Educators Inc ($947k) and Forests Forever Inc ($947k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $62k (6.1% of expenses). Other salaries and wages came to $457k. At year end it held assets of $546k against liabilities of $543k, net assets of $2,898. It reported 18 employees.