Terra-Forma

Analysis

Terra-Forma is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Terra-Forma reported income of $92k and spending of $82k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $92k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 100% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Terra-Forma sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 30th percentile within WA. Charities of a similar size with the same main cause include Serenity Club of Clearwater Inc ($92k), Oxbow of Indiana Inc ($92k) and Florida Section American Water Resources Association Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. At year end it held assets of $22k against liabilities of $0, net assets of $22k.