Tena Cares Inc

Analysis

Tena Cares Inc is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in December 2020, 6 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, Tena Cares Inc reported income of $66k and spending of $79k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $66k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 106% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tena Cares Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within CA. Charities of a similar size with the same main cause include Staff SGT Michael Ollis Freedom Foundation ($66k), Cultural Arts Rotary Foundation ($66k) and Wilkes Circles of Care Inc ($66k).

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 $11k against liabilities of $20k, net assets of -$9,769.