TSF Services

Analysis

TSF Services is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in April 2000, 26 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, TSF Services reported income of $6.2m and spending of $6.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.5m to $6.2m (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, TSF Services sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within WA. Charities of a similar size with the same main cause include Cary Brown Family Foundation ($6.1m), Joseph C Bancroft Charitable & Educational Fund ($6.2m) and Community Foundation Serving Southwest Colorado ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $3,205 against liabilities of $59k, net assets of -$56k. It reported 48 employees.