Tedys Team Inc

Analysis

Tedys Team Inc is a registered charity in United States, based in Plainville, MA. It received its IRS tax-exemption ruling in March 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tedys Team Inc reported income of $945k and spending of $654k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.0m to $945k (-9.2%), an average of -2.4% a year. The sharpest change came in the year to June 2022, when income rose by 241%. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tedys Team Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MA. Charities of a similar size with the same main cause include Epilepsy Foundation of East Tennessee ($945k), Diabetes Action Research and Education Foundation ($946k) and Cottonwood Point Inc ($945k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $125k (19% of expenses). Other salaries and wages came to $66k. At year end it held assets of $1.9m against liabilities of $825k, net assets of $1.0m. It reported 3 employees.