Tamarack Tower Foundation of the Port Chester Rye Union Free School

Analysis

Tamarack Tower Foundation of the Port Chester Rye Union Free School is a registered charity in United States, based in Port Chester, NY. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tamarack Tower Foundation of the Port Chester Rye Union Free School reported income of $51k and spending of $53k, spending 105% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $124k to $51k (-59%), an average of -36% a year. The sharpest change came in the year to December 2022, when income dropped by 57%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tamarack Tower Foundation of the Port Chester Rye Union Free School sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Livingston Band Boosters ($51k), Iim-A Alumni Association ($51k) and Vicksburg Lions Club Charities Inc ($51k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $542k against liabilities of $0, net assets of $542k.