Tandem Paryers Inc

Analysis

Tandem Paryers Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Tandem Paryers Inc reported income of $220k and spending of $176k, leaving 20% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $157k to $220k (+41%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 76%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tandem Paryers Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Church Planting Partners Corporation ($220k), Mt28 Inc ($220k) and Kansas Family Foundation ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $61k (35% of expenses). Other salaries and wages came to $22k. At year end it held assets of $102k against liabilities of $145, net assets of $102k. It reported 2 employees.