Tuso

Analysis

Tuso is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in March 2020, 6 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 December 2023, Tuso reported income of $6.5m and spending of $658k, leaving 90% of income unspent that year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 7.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tuso sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within DE. Charities of a similar size with the same main cause include Heichal Hatorah ($6.5m), Unity Prep ($6.5m) and Park City Prep Charter School Inc ($6.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $14.0m against liabilities of $0, net assets of $14.0m.