Tsela

Analysis

Tsela is a registered charity in United States, based in Mabank, TX. It received its IRS tax-exemption ruling in February 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tsela reported income of $127k and spending of $68k, leaving 46% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $127k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tsela sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Hawthorne Parent Advisory Council Inc ($127k), Lipscomb Elementary School PTO ($127k) and Highland Park Lady Scots Soccer Club ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 28% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.