Tucc Inc

Analysis

Tucc Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Tucc Inc reported income of $5.8m and spending of $13k, leaving 100% of income unspent that year. The sharpest change came in the year to May 2022, when income rose by 615%. Over the whole period it spent 0.2% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tucc Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within DE. Charities of a similar size with the same main cause include Core Districts ($5.8m), Zenith Academy - East ($5.8m) and Activities Beyond the Classroom ($5.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $14.7m against liabilities of $3.4m, net assets of $11.3m.