Telacu Senior Court Inc

Analysis

Telacu Senior Court Inc is a registered charity in United States, based in Commerce, CA. It received its IRS tax-exemption ruling in October 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Telacu Senior Court Inc reported income of $1.1m and spending of $1.0m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $983k to $1.1m (+7.8%), an average of +1.9% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Telacu Senior Court Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Caleb Housing Corporation ($1.1m), Nanas Childrens Home Inc ($1.1m) and Kokomo Ministries Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. At year end it held assets of $4.5m against liabilities of $5.8m, net assets of -$1.2m.