The Tim Reynolds Foundation

Analysis

The Tim Reynolds Foundation is a registered charity in United States, based in Locust, NJ. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Tim Reynolds Foundation reported income of $8.1m and spending of $2.1m, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $477k to $8.1m (+1604%), an average of +103% a year. The sharpest change came in the year to December 2023, when income rose by 3132%. Over the whole period it spent 38% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Tim Reynolds Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Pelican Educational Foundation Inc ($8.1m), Soar Charter Academy ($8.1m) and Child Avocates of Blair County Inc ($8.1m).

Other salaries and wages came to $198k. At year end it held assets of $20.0m against liabilities of $0, net assets of $20.0m. It reported 4 employees.