T & T Tutor World Inc

Analysis

T & T Tutor World Inc is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in July 1982, 44 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, T & T Tutor World Inc reported income of $3.8m and spending of $3.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $3.8m (+2.0%), an average of +0.5% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T & T Tutor World Inc 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 90th percentile, and in the 89th percentile within MD. Charities of a similar size with the same main cause include Council for National Policy ($3.8m), Living Branches Foundation ($3.8m) and Rappahannock Goodwill Industries ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $126k (3.4% of expenses). Other salaries and wages came to $282k. At year end it held assets of $560k against liabilities of $314k, net assets of $246k. It reported 15 employees.