TSQ Inc

Analysis

TSQ Inc is a registered charity in United States, based in Kew Gardens, NY. It received its IRS tax-exemption ruling in February 1985, 41 years ago. 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, TSQ Inc reported income of $2.5m and spending of $917k, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.5m (+56%), an average of +12% a year. The sharpest change came in the year to December 2020, when income rose by 29%. Over the whole period it spent 43% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, TSQ Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 85th percentile within NY. Charities of a similar size with the same main cause include The Thomas B Fordham Foundation ($2.5m), Girl Scouts of the Desert Southwest Southern New Mexico & W Texas Inc ($2.5m) and Samaritan Center ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $13.3m against liabilities of $6,104, net assets of $13.3m.