Rancho Santa Fe Tea3 Foundation

Analysis

Rancho Santa Fe Tea3 Foundation is a registered charity in United States, based in Rancho Santa Fe, CA. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Rancho Santa Fe Tea3 Foundation reported income of $100k and spending of $195k, spending 196% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $404k to $100k (-75%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 73%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Rancho Santa Fe Tea3 Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within CA. Charities of a similar size with the same main cause include Meals on Wheels of Wappingers Falls ($100k), Home Share ($100k) and TNT Foundation ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $6,794 against liabilities of $0, net assets of $6,794.