Titan Fuel

Analysis

Titan Fuel is a registered charity in United States, based in Chatham, IL. It received its IRS tax-exemption ruling in July 2017, 9 years ago. 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 June 2023, Titan Fuel reported income of $60k and spending of $51k, spending 85% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $65k to $60k (-7.9%), an average of -4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 18%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Titan Fuel sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within IL. Charities of a similar size with the same main cause include PTA Florida Congress ($60k), PTA Texas Congress ($60k) and National Charity League San Diego Del Norte Chapter ($60k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 105% of the total. At year end it held assets of $205k against liabilities of $0, net assets of $205k.