Fred M Fuller Tuw

Analysis

Fred M Fuller Tuw is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Fred M Fuller Tuw reported income of $103k and spending of $462k, spending 450% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $149k to $103k (-31%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 365% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Fred M Fuller Tuw sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within FL. Charities of a similar size with the same main cause include Santa Ana Kiwanis Club Foundation ($103k), Oakmont Community Development Corporation ($103k) and Cedarhurst District MGMT Assoc Inc ($103k).

Compensation of current officers, directors and key employees was $30k (6.5% of expenses). At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.