Tua Foundation Inc

Analysis

Tua Foundation Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Tua Foundation Inc reported income of $331k and spending of $279k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $313k to $331k (+5.8%), an average of +2.8% a year. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tua Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Kims Open Door Inc ($331k), Scholar Athletes Inc ($331k) and Branch to Hope Community Center ($331k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. It paid $41k in professional fundraising fees. At year end it held assets of $110k against liabilities of $0, net assets of $110k.