Tnpo2 Foundation

Analysis

Tnpo2 Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general 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, Tnpo2 Foundation reported income of $3.3m and spending of $4.0m, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $3.8m to $3.3m (-13%), an average of -13% a year. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tnpo2 Foundation sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within CA. Charities of a similar size with the same main cause include Warrior Rising ($3.3m), Your Community Foundation of North Central WV Inc ($3.3m) and International Center for Responsible Gaming ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $90k (2.3% of expenses). At year end it held assets of $386k against liabilities of $13k, net assets of $373k. It reported 2 employees.