Timothy E Nettles Memorial Fund

Analysis

Timothy E Nettles Memorial Fund is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Timothy E Nettles Memorial Fund reported income of $205k and spending of $180k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $37k to $205k (+458%), an average of +77% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Timothy E Nettles Memorial Fund sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within PA. Charities of a similar size with the same main cause include Little League Baseball Inc ($205k), Wounded Warriors Retreat Inc ($205k) and North Strand Helping Hand ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $104k against liabilities of $31k, net assets of $74k.