Tunison Foundation Inc

Analysis

Tunison Foundation Inc is a registered charity in United States, based in Oxford, CT. It received its IRS tax-exemption ruling in April 2018, 8 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tunison Foundation Inc reported income of $150k and spending of $497k, spending 332% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $586k to $150k (-74%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 98% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tunison Foundation Inc 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 44th percentile within CT. Charities of a similar size with the same main cause include Traer Community Foundation ($150k), Ryan Cameron Foundation Inc ($150k) and Impact Las Vegas Foundation Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 40% of the total. At year end it held assets of $877k against liabilities of $62k, net assets of $815k.