Tetradapt Community

Analysis

Tetradapt Community is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tetradapt Community reported income of $57k and spending of $8,804, leaving 85% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $118k to $57k (-52%), an average of -17% a year. The sharpest change came in the year to June 2021, when income rose by 357%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tetradapt Community sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within UT. Charities of a similar size with the same main cause include North Scott Food Pantry ($57k), Saint Joseph Society of Boston ($57k) and Friends of the Sterling Seniors Inc ($57k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.