Tango2 Research Foundation Incorporated

Analysis

Tango2 Research Foundation Incorporated is a registered charity in United States, based in Hadlyme, CT. It received its IRS tax-exemption ruling in September 2018, 8 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, Tango2 Research Foundation Incorporated reported income of $265k and spending of $410k, spending 154% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $658k to $265k (-60%), an average of -26% a year. The sharpest change came in the year to December 2021, when income dropped by 47%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tango2 Research Foundation Incorporated sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within CT. Charities of a similar size with the same main cause include Central Mountains-Regional Emergency Medical and Trauma ($265k), Chippin in for St Jude ($265k) and Maya Midwifery International Inc ($265k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $178k (43% of expenses). At year end it held assets of $623k against liabilities of $0, net assets of $623k. It reported 2 employees.