TPL Foundation Inc

Analysis

TPL Foundation Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 September 2023, TPL Foundation Inc reported income of $79k and spending of $18k, leaving 77% of income unspent that year. Across the 6 years on record, from September 2018 to September 2023, income grew from $11k to $79k (+605%), an average of +48% a year. The sharpest change came in the year to September 2019, when income rose by 949%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TPL Foundation Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within AL. Charities of a similar size with the same main cause include Neighborhood Story Project Inc ($79k), Legacy Bronco Band Boosters ($79k) and West High Football Quarterback Club ($79k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 60% and program service revenue 40% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.