Tommy Strong Foundation Inc

Analysis

Tommy Strong Foundation Inc is a registered charity in United States, based in Ramsey, NJ. It received its IRS tax-exemption ruling in June 2019, 7 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, Tommy Strong Foundation Inc reported income of $158k and spending of $128k, spending 81% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $284k to $158k (-44%), an average of -25% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tommy Strong Foundation Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Government Services CHPTR American College of Emer Physicians Inc ($158k), Indy Surviveoars Dragon Boat Racinginc ($158k) and Road to Recovery Inc ($158k).

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 $200k against liabilities of $645, net assets of $200k.