Tis Ltd

Analysis

Tis Ltd is a registered charity in United States, based in Dulles, VA. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Tis Ltd reported income of $12.6m and spending of $13.5m, spending 107% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $11.5m to $12.6m (+9.2%), an average of +2.2% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tis Ltd 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 96th percentile, and in the 96th percentile within VA. Charities of a similar size with the same main cause include Conservative Jewish Day School of Dallas Inc ($12.6m), Todays Fresh Start ($12.6m) and Governors Rural Education Foundation ($12.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $731k (5.4% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $14.9m against liabilities of $9.6m, net assets of $5.2m. It reported 27 employees.