Tobacco Free Portfolios Foundation

Analysis

Tobacco Free Portfolios Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover mental health and crisis intervention, 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, Tobacco Free Portfolios Foundation reported income of $318k and spending of $240k, leaving 24% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $203k to $318k (+56%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 244%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tobacco Free Portfolios Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Friends of Alcoholics Inc ($318k), Crossing Bridges Therapeutic Riding Center Inc ($318k) and Limbe House Inc ($318k).

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 $118k against liabilities of $0, net assets of $118k.