Team Tassy

Analysis

Team Tassy is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 June 2023, Team Tassy reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $531k to $1.3m (+142%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Team Tassy sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Galgos Del Sol USA ($1.3m), Habitat for Humanity International Inc ($1.3m) and American Friends of Zvi Latzadik BR Eslov Research Institute Jerusalem ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $120k (9.2% of expenses). Other salaries and wages came to $361k. At year end it held assets of $88k against liabilities of $0, net assets of $88k. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.