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Teleos Institute

RegisteredEIN 95-2586935Scottsdale, AZPoverty relief
Income$57k2023-12
Spending$50ksame year
Spent / received90%2-year average
Size in its cause20th pctPoverty relief
Exempt since1969Publicly supported organisat
Employees–latest return

Analysis

Teleos Institute is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Teleos Institute reported income of $57k and spending of $50k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $57k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Teleos Institute sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AZ. Charities of a similar size with the same main cause include Tennessee Local Food Summit ($57k), Del Orfa Ministries ($57k) and Red P ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. At year end it held assets of $31k against liabilities of $3,955, net assets of $27k.

Income and spending

$0$14k$28k$43k$57k2022 Income: $48,4242022 Spending: $43,87220222023 Income: $56,9702023 Spending: $50,4102023
IncomeSpending

Where the income comes from

  • Contributions & grants 50%
  • Program services 49%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Tennessee Local Food SummitNashville$57k
Del Orfa MinistriesPeoria$57k
Red PSammamish$57k
Ebensburg Main Street PartnershipEbensburg$57k