Tommy Fund Inc

Analysis

Tommy Fund Inc is a registered charity in United States, based in Shelton, CT. It received its IRS tax-exemption ruling in August 1993, 33 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 April 2024, Tommy Fund Inc reported income of $258k and spending of $329k, spending 128% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income grew from $120k to $258k (+116%), an average of +17% a year. The sharpest change came in the year to April 2023, when income rose by 72%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tommy Fund Inc 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 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Acres Project ($258k), Brodstone Memorial Hospital Foundation ($258k) and Three Forks Area Ambulance Service ($258k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 56% of the total. At year end it held assets of $759k against liabilities of $0, net assets of $759k.