Tischer Creek Duluth Buildingcompany

Analysis

Tischer Creek Duluth Buildingcompany is a registered charity in United States, based in Duluth, MN. It received its IRS tax-exemption ruling in March 2008, 18 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tischer Creek Duluth Buildingcompany reported income of $1.5m and spending of $1.6m, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.8m to $1.5m (-20%), an average of -7.0% a year. Over the whole period it spent 96% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tischer Creek Duluth Buildingcompany sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within MN. Charities of a similar size with the same main cause include The Children Deserve a Chance Foundation ($1.5m), Maury Regional Healthcarefoundation ($1.5m) and Sterling Charitable Gift Fund TR ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2,625 (0.2% of expenses). At year end it held assets of $17.1m against liabilities of $18.2m, net assets of -$1.1m.