Tgin Foundation

Analysis

Tgin Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover health care, 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, Tgin Foundation reported income of $670k and spending of $283k, leaving 58% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $137k to $670k (+389%), an average of +121% a year. The sharpest change came in the year to December 2023, when income rose by 454%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tgin Foundation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IL. Charities of a similar size with the same main cause include Ruiz for Kids Inc ($669k), Monessen Ambulance Service ($670k) and Wounded Blue Foundation ($669k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $470k against liabilities of $0, net assets of $470k.