Titus Foundation Inc

Analysis

Titus Foundation Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Titus Foundation Inc reported income of $157k and spending of $171k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $157k (+69%), an average of +69% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Titus Foundation Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Palatka Christian Service Center Inc ($157k), Journey Road ($157k) and Linked Together ($157k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $1,544 against liabilities of $0, net assets of $1,544.