The TBCK Foundation

Analysis

The TBCK Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, The TBCK Foundation reported income of $269k and spending of $155k, leaving 42% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $277k to $269k (-3.0%), an average of -1.5% a year. Over the whole period it spent 30% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The TBCK Foundation 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 60th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Wigged Out Inc ($268k), Illinois Spina Bifida Association ($269k) and Affinity Community Services ($268k).

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 $15k (9.6% of expenses). At year end it held assets of $570k against liabilities of $85, net assets of $570k.