Tao Fellowship

Analysis

Tao Fellowship is a registered charity in United States, based in Sedona, AZ. It received its IRS tax-exemption ruling in December 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Tao Fellowship reported income of $4.8m and spending of $4.7m, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $4.2m to $4.8m (+13%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tao Fellowship sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 90th percentile within AZ. Charities of a similar size with the same main cause include Generous Giving Inc ($4.8m), Womans Missionary Union Auxiliary to Southern Baptist Convention ($4.8m) and Interim Pastor Ministries Inc ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $48k (1.0% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $19.6m against liabilities of $617k, net assets of $19.0m. It reported 60 employees.