Telacu Manor Inc

Analysis

Telacu Manor Inc is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in June 1991, 35 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Telacu Manor Inc reported income of $1.0m and spending of $926k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $944k to $1.0m (+8.5%), an average of +2.1% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Telacu Manor Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Bnai Brith Apartments of Deerfield Beach II Inc ($1.0m), Jackson Hinds Gardens Inc ($1.0m) and Blue Waters Recovery Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 31% of the total. At year end it held assets of $3.7m against liabilities of $5.1m, net assets of -$1.4m.