Timuquana Cares Employee Foundation Inc

Analysis

Timuquana Cares Employee Foundation Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Timuquana Cares Employee Foundation Inc reported income of $61k and spending of $30k, leaving 51% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $61k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 30% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Timuquana Cares Employee Foundation Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include South Oldham High School Band Boosters Inc ($61k), Columbia Gridiron Association Inc ($61k) and Willoughby-Eastlake School of Innovation PTO ($61k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.