Tandem Spirituality

Analysis

Tandem Spirituality is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in November 2019, 7 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, Tandem Spirituality reported income of $147k and spending of $101k, leaving 31% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $221k to $147k (-34%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 50% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tandem Spirituality sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within NC. Charities of a similar size with the same main cause include World Nations International ($146k), Live Salted ($147k) and Iglesia Camino Al Cielo Inc ($146k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $94k (93% of expenses). At year end it held assets of $405k against liabilities of $540, net assets of $404k. It reported 1 employees.