Tuckahoe Sports Inc

Analysis

Tuckahoe Sports Inc is a registered charity in United States, based in Henrico, VA. It received its IRS tax-exemption ruling in October 1959, 67 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 December 2023, Tuckahoe Sports Inc reported income of $1.1m and spending of $1.2m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $924k to $1.1m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tuckahoe Sports Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include Emerge 125 Inc ($1.1m), Birthworkers of Color Collective ($1.1m) and Regis Catholic Schools Foundation Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 84% of the total. Other salaries and wages came to $348k. At year end it held assets of $3.5m against liabilities of $319k, net assets of $3.2m. It reported 22 employees.

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.