Team Tacala Charities

Analysis

Team Tacala Charities is a registered charity in United States, based in Vestavia, AL. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Team Tacala Charities reported income of $218k and spending of $153k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $456k to $218k (-52%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 290%. Over the whole period it spent 81% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Team Tacala Charities sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within AL. Charities of a similar size with the same main cause include Wings Educational Foundation ($218k), Simi Valley Hospital Foundation ($218k) and Giving Square ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 125% of the total. At year end it held assets of $340k against liabilities of $0, net assets of $340k.