T-Bird Foundation Inc

Analysis

T-Bird Foundation Inc is a registered charity in United States, based in Hingham, MA. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, T-Bird Foundation Inc reported income of $60k and spending of $38k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $60k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 40% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, T-Bird Foundation Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 32nd percentile within MA. Charities of a similar size with the same main cause include National Foundation of Swallowingdisorders ($60k), Ufcw Local 135 Charity Golf Classic ($60k) and Desoto Regional Health System Foundation ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.