Amor Por Teco Foundation

Analysis

Amor Por Teco Foundation is a registered charity in United States, based in Hawthorne, CA. It received its IRS tax-exemption ruling in August 2020, 6 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, Amor Por Teco Foundation reported income of $57k and spending of $45k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $57k (+32%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Amor Por Teco Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Sullivan Community Education FNDTN ($57k), Maria Hall Brantley and George Hall Brantley Endowment Trust ($57k) and United Way of Washington County Utah Inc ($57k).

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 $56k against liabilities of $0, net assets of $56k.