Tke Foundation Inc

Analysis

Tke Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1975, 51 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 May 2023, Tke Foundation Inc reported income of $1.7m and spending of $1.5m, spending 84% of its income. Across the 4 years on record, from May 2020 to May 2023, income fell from $1.9m to $1.7m (-9.0%), an average of -3.1% a year. The sharpest change came in the year to May 2022, when income rose by 22%. 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, Tke Foundation Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within IN. Charities of a similar size with the same main cause include Stronger Families ($1.7m), Stars and Stripes Honor Flight Inc ($1.7m) and Western Wisconsin Workforce Development Board Inc ($1.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $243k. At year end it held assets of $9.9m against liabilities of $196k, net assets of $9.7m.