Tulgey Wood Inc

Analysis

Tulgey Wood Inc is a registered charity in United States, based in Vineyard HVN, MA. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tulgey Wood Inc reported income of $164k and spending of $145k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $296k to $164k (-45%), an average of -45% a year. The sharpest change came in the year to December 2023, when income dropped by 45%. Over the whole period it spent 60% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tulgey Wood Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 54th percentile within MA. Charities of a similar size with the same main cause include Hope Center ($164k), Bungoma Bible Ministries ($164k) and New Hope for Children ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $323k against liabilities of $0, net assets of $323k.