Tully Hill Foundation

Analysis

Tully Hill Foundation is a registered charity in United States, based in Tully, NY. It received its IRS tax-exemption ruling in February 1993, 33 years ago. 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 December 2023, Tully Hill Foundation reported income of $173k and spending of $432k, spending 249% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $178k to $173k (-2.4%), an average of -1.2% a year. The sharpest change came in the year to December 2023, when income rose by 318%. Over the whole period it spent 131% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tully Hill Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 48th percentile within NY. Charities of a similar size with the same main cause include Soccer Assoc for Youth ($173k), Community Reinvestment Foundation- XI Inc ($173k) and Love to Serve Incorporated ($173k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $360k against liabilities of $0, net assets of $360k.