TFT

Analysis

TFT is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, TFT reported income of $2.3m and spending of $2.2m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.3m (+118%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 39%. Over the whole period it spent 105% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, TFT 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 87th percentile, and in the 88th percentile within WA. Charities of a similar size with the same main cause include Lower Phalen Creek Project ($2.3m), Electric Vehicle Infrastructure Training Program ($2.3m) and Center for Creative Land Recycling ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Compensation of current officers, directors and key employees was $306k (14% of expenses). Other salaries and wages came to $999k. At year end it held assets of $153k against liabilities of $0, net assets of $153k. It reported 19 employees.