Tusen Tack

Analysis

Tusen Tack is a registered charity in United States, based in Braham, MN. It received its IRS tax-exemption ruling in February 1992, 34 years ago. 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, Tusen Tack reported income of $620k and spending of $513k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $353k to $620k (+76%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tusen Tack sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 72nd percentile within MN. Charities of a similar size with the same main cause include Rural Employment Alternative ($620k), NCR of Webster Housing Development Fund Co Inc ($621k) and West Virginia Soccer Association Inc ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 27% of the total. At year end it held assets of $2.8m against liabilities of $516k, net assets of $2.2m. It reported 13 employees.