Teal Diva

Analysis

Teal Diva is a registered charity in United States, based in Matthews, NC. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Teal Diva reported income of $308k and spending of $255k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $231k to $308k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Teal Diva sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include National Fabry Disease Foundation ($308k), Institute for Preventive Healthcare and Advocacy ($308k) and Agape Therapy Institute Corporation ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $50k (20% of expenses). Other salaries and wages came to $12k. At year end it held assets of $113k against liabilities of $100k, net assets of $13k. It reported 2 employees.