Tuskegee Next Foundation

Analysis

Tuskegee Next Foundation is a registered charity in United States, based in Wheaton, IL. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 September 2023, Tuskegee Next Foundation reported income of $628k and spending of $557k, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $283k to $628k (+122%), an average of +22% a year. The sharpest change came in the year to September 2021, when income rose by 654%. Over the whole period it spent 94% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tuskegee Next Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within IL. Charities of a similar size with the same main cause include Utah Youth Soccer Incorporated ($627k), MSBC Five Star Program Inc ($628k) and Student Television Network Inc ($627k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 108% of the total. Other salaries and wages came to $50k. At year end it held assets of $242k against liabilities of $106k, net assets of $136k. It reported 5 employees.