El Tesoro Foundation

Analysis

El Tesoro Foundation is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, El Tesoro Foundation reported income of $349k and spending of $972k, spending 279% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $349k (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2020, when income rose by 172%. Over the whole period it spent 170% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, El Tesoro Foundation sits at the 59th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Peace International ($349k), Resource Development International LLC ($349k) and Sacred Beginnings Transitional Homes Inc ($349k).

At year end it held assets of $15.0m against liabilities of $1.4m, net assets of $13.6m.