Tompkins Charitable Gift Fund Inc

Analysis

Tompkins Charitable Gift Fund Inc is a registered charity in United States, based in Ithaca, NY. It received its IRS tax-exemption ruling in February 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Tompkins Charitable Gift Fund Inc reported income of $2.1m and spending of $3.4m, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.1m (+101%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 134%. Over the whole period it spent 152% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tompkins Charitable Gift Fund 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 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Neighborhood Housing Inc ($2.1m), Celebrity Adventures Inc ($2.1m) and Stewarts Foundation ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $12.9m against liabilities of $264k, net assets of $12.7m.