Ten Talents Foundation

Analysis

Ten Talents Foundation is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Ten Talents Foundation reported income of $312k and spending of $284k, spending 91% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $312k (+53%), an average of +24% a year. The sharpest change came in the year to December 2022, when income rose by 43%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ten Talents Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Vietnamese Christian Restoration Ministry ($312k), Inter-Faith Families Project Inc ($312k) and 2nd Iglesia Pentecostal Principe de Paz ($312k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $880k against liabilities of $801k, net assets of $79k.