T E S S a

Analysis

T E S S a is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in July 1978, 48 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 September 2023, T E S S a reported income of $3.9m and spending of $3.4m, spending 87% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.4m to $3.9m (+15%), an average of +3.7% a year. The sharpest change came in the year to September 2023, when income rose by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, T E S S a sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CO. Charities of a similar size with the same main cause include Forever Families ($3.9m), Vindeket ($3.9m) and The Barker Adoption Foundation ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. Compensation of current officers, directors and key employees was $201k (5.9% of expenses). Other salaries and wages came to $1.7m. It paid $6,089 in professional fundraising fees. At year end it held assets of $2.6m against liabilities of $225k, net assets of $2.3m. It reported 59 employees.