Tacp Foundation

Analysis

Tacp Foundation is a registered charity in United States, based in Manhattan, KS. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tacp Foundation reported income of $226k and spending of $69k, leaving 69% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $166k to $226k (+36%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 60% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tacp Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within KS. Charities of a similar size with the same main cause include Ps27 Empowerment ($226k), Holy Cross Community Services of Texas ($226k) and Decatur Library Foundation ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $21k (30% of expenses). At year end it held assets of $264k against liabilities of $0, net assets of $264k.