Teravana Trust

Analysis

Teravana Trust is a registered charity in United States, based in Cazadero, CA. It received its IRS tax-exemption ruling in April 2020, 6 years ago. 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, Teravana Trust reported income of $433k and spending of $1.0m, spending 242% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $48k to $433k (+809%), an average of +74% a year. The sharpest change came in the year to December 2021, when income rose by 1493%. Over the whole period it spent 190% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Teravana Trust sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Haiti Christian Development Project Inc ($433k), Ben Lomond Quaker Center Association ($434k) and In His Image Ministry Inc ($433k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $185k. At year end it held assets of $1.1m against liabilities of $111k, net assets of $944k. It reported 2 employees.