Given Tufts Foundation Inc

Analysis

Given Tufts Foundation Inc is a registered charity in United States, based in Pinehurst, NC. It received its IRS tax-exemption ruling in January 1966, 60 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Given Tufts Foundation Inc reported income of $416k and spending of $452k, spending 109% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $601k to $416k (-31%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Given Tufts Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within NC. Charities of a similar size with the same main cause include An Array of Charm Camps for Youth Development Aaoc ($416k), Heritage Christian Educational Ministries Inc ($416k) and Highland Free School Fund Inc ($416k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 35% and program service revenue 30% of the total. Other salaries and wages came to $180k. At year end it held assets of $2.6m against liabilities of $1,341, net assets of $2.6m. It reported 9 employees.