Telecompioneers Charitable Foundation

Analysis

Telecompioneers Charitable Foundation is a registered charity in United States, based in Greenwood Village, CO. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Telecompioneers Charitable Foundation reported income of $964k and spending of $1.1m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.7m to $964k (-44%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Telecompioneers Charitable Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within CO. Charities of a similar size with the same main cause include Manchester Masonic Temple Association ($963k), Beaver Dam Scholarship Foundation I ($965k) and St Francis Residence Trust ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $150k in professional fundraising fees. At year end it held assets of $8,554 against liabilities of $107k, net assets of -$99k.