Tourette S Foundation for Needy Children Inc

Analysis

Tourette S Foundation for Needy Children Inc is a registered charity in United States, based in Tracy, CA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tourette S Foundation for Needy Children Inc reported income of $386k and spending of $389k, spending 101% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $259k to $386k (+49%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tourette S Foundation for Needy Children Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Belle Sherman After School Program Inc ($386k), Destination College ($386k) and The Gathering Source Inc ($386k).

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 $49k (12% of expenses). At year end it held assets of $5,046 against liabilities of $310k, net assets of -$305k.