Tammy Lynn Endowment Inc

Analysis

Tammy Lynn Endowment Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tammy Lynn Endowment Inc reported income of $106k and spending of $78k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $168k to $106k (-37%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 44%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tammy Lynn Endowment Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 36th percentile within NC. Charities of a similar size with the same main cause include Our Lady of Perpetual Help - Haitian Orphanage Foundation Inc ($106k), Lindsborg Senior Citizens Inc ($106k) and Dillard Educational and Economic Development Service Inc ($106k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% of the total. At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.