Tucker Community Foundation

Analysis

Tucker Community Foundation is a registered charity in United States, based in Parsons, WV. It received its IRS tax-exemption ruling in June 1989, 37 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, Tucker Community Foundation reported income of $2.9m and spending of $2.8m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.9m to $2.9m (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tucker Community Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within WV. Charities of a similar size with the same main cause include Will Rogers Heritage Inc C/O Will Rogers Memorial ($2.9m), T-Net International ($2.9m) and United Way of Central Eastern California Inc ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $56k (2.0% of expenses). Other salaries and wages came to $65k. At year end it held assets of $29.3m against liabilities of $250k, net assets of $29.1m. It reported 7 employees.