TNM Foundation

Analysis

TNM Foundation is a registered charity in United States, based in Las Vegas, NV. It received its IRS tax-exemption ruling in August 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, TNM Foundation reported income of $251k and spending of $37k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $446k to $251k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 11% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, TNM Foundation sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 63rd percentile within NV. Charities of a similar size with the same main cause include Yes We Can World Foundation ($251k), Friends of the Albuquerque Public Library ($251k) and Wex Foundation ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $658k against liabilities of $34k, net assets of $624k.