Random Tuesday Inc

Analysis

Random Tuesday Inc is a registered charity in United States, based in Madison, CT. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Random Tuesday Inc reported income of $128k and spending of $129k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $128k (-89%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 84%. Over the whole period it spent 101% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Random Tuesday Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include American Friends of the Shemaya School for Deaf Children in Isreal ($128k), Akshaya USA ($128k) and Kingwood Orchestra Boosters ($128k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. At year end it held assets of $4,851 against liabilities of $0, net assets of $4,851.

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.