Ctcu Foundation

Analysis

Ctcu Foundation is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in December 2016, 10 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, Ctcu Foundation reported income of $148k and spending of $141k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $137k to $148k (+7.9%), an average of +7.9% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ctcu Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within TX. Charities of a similar size with the same main cause include Illinois Correctional Employees Memorial Association ($148k), Oconnell Organization Family Foundation Inc ($148k) and Indian Valley Foundation Inc ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,245 against liabilities of $0, net assets of $9,245.