Tompkins Charitable Gift Fund Inc

Tompkins Charitable Gift Fund Inc consistently reports zero executive compensation while frequently spending more than it receives in contributions.

EIN: 161575921 · Ithaca, NY · NTEE: T30 · Updated: 2026-03-28

$8.0MRevenue

$12.4MAssets

85/100Mission Score (Excellent)

T30

About Tompkins Charitable Gift Fund Inc

Tompkins Charitable Gift Fund Inc (EIN: 161575921) is a nonprofit organization based in Ithaca, NY, classified under NTEE code T30. The organization reported total revenue of $8.0M and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tompkins Charitable Gift Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Tompkins Charitable Gift Fund Inc operates as a donor-advised fund, which is reflected in its financial patterns. The organization consistently reports zero officer compensation across all available filings, indicating a volunteer-led or externally managed executive structure, which is a positive sign for minimizing administrative overhead. However, the organization has frequently reported expenses exceeding revenue in recent years, such as in 2023 where expenses were $3,410,212 against revenues of $2,083,328, and in 2022 with $3,665,583 in expenses versus $1,525,180 in revenue. While this can be typical for donor-advised funds distributing grants, it warrants closer examination of their distribution policies relative to contributions. The significant asset base, consistently above $12 million, suggests a stable foundation for future grantmaking, despite the operational deficits in some periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Tompkins Charitable Gift Fund Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Tompkins Charitable Gift Fund Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an external entity, which is highly efficient for a fund of this size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Tompkins Charitable Gift Fund Inc's IRS 990 filings:

Frequent periods of expenses exceeding revenue, such as $3.4M expenses vs $2.0M revenue in 2023, which, while common for DAFs, warrants scrutiny of distribution policies.

Strengths

The following positive indicators were identified for Tompkins Charitable Gift Fund Inc:

Consistent zero officer compensation across all filings, indicating high efficiency in executive overhead.
Substantial and stable asset base, consistently above $12 million, providing a strong foundation for grantmaking.
Focus on facilitating charitable giving through a donor-advised fund model.

Frequently Asked Questions about Tompkins Charitable Gift Fund Inc

Is Tompkins Charitable Gift Fund Inc a good charity?

As a donor-advised fund, its 'goodness' is primarily measured by its efficiency in facilitating charitable giving. The consistent zero executive compensation is a strong positive indicator of efficiency. However, the recurring expense-to-revenue deficits suggest a need to understand their grant distribution strategy relative to incoming donations.

How does Tompkins Charitable Gift Fund Inc manage its assets given the revenue-expense discrepancies?

The organization maintains a substantial asset base, consistently over $12 million, even in years where expenses exceed revenue. This indicates that the fund is drawing from its existing principal or investment returns to cover distributions, which is a common practice for donor-advised funds.

What is the primary purpose of Tompkins Charitable Gift Fund Inc?

Based on its NTEE code (T30 - Philanthropy, Voluntarism, and Grantmaking Foundations) and financial patterns, it functions as a donor-advised fund, facilitating charitable giving by managing contributions and distributing grants to other nonprofits as advised by donors.

Filing History

IRS 990 filing history for Tompkins Charitable Gift Fund Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Tompkins Charitable Gift Fund Inc's revenue has declined by 6.3%, moving from $2.2M to $2.1M. Total assets increased by 21.4% over the same period, from $10.6M to $12.9M. Total functional expenses rose by 47.6%, from $2.3M to $3.4M. In its most recent filing year (2023), Tompkins Charitable Gift Fund Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $264K in liabilities against $12.9M in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $12.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.1M	$3.4M	$12.9M	$264K	—	—
2022	$1.5M	$3.7M	$12.9M	$242K	—	View 990
2021	$2.4M	$2.0M	$19.3M	$245K	—	View 990
2020	$1.0M	$1.6M	$18.8M	$245K	—	View 990
2019	$1.0M	$1.6M	$17.4M	$285K	—	View 990
2018	$2.0M	$1.4M	$16.1M	$372K	—	View 990
2017	$1.1M	$1.7M	$16.5M	$385K	—	View 990
2016	$1.0M	$1.5M	$15.7M	$398K	—	View 990
2015	$984K	$1.3M	$16.0M	$411K	—	View 990
2014	$2.8M	$902K	$16.9M	$424K	—	View 990
2013	$3.5M	$1.1M	$14.8M	$366K	—	View 990
2012	$3.0M	$1.9M	$12.2M	$438K	—	View 990
2011	$2.2M	$2.3M	$10.6M	$546K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.1M, expenses of $3.4M, and assets of $12.9M (revenue +36.6% year-over-year).
2022: Revenue of $1.5M, expenses of $3.7M, and assets of $12.9M (revenue -36.8% year-over-year).
2021: Revenue of $2.4M, expenses of $2.0M, and assets of $19.3M (revenue +134.1% year-over-year).
2020: Revenue of $1.0M, expenses of $1.6M, and assets of $18.8M (revenue -0.7% year-over-year).
2019: Revenue of $1.0M, expenses of $1.6M, and assets of $17.4M (revenue -47.2% year-over-year).
2018: Revenue of $2.0M, expenses of $1.4M, and assets of $16.1M (revenue +74.0% year-over-year).
2017: Revenue of $1.1M, expenses of $1.7M, and assets of $16.5M (revenue +10.2% year-over-year).
2016: Revenue of $1.0M, expenses of $1.5M, and assets of $15.7M (revenue +4.3% year-over-year).
2015: Revenue of $984K, expenses of $1.3M, and assets of $16.0M (revenue -65.4% year-over-year).
2014: Revenue of $2.8M, expenses of $902K, and assets of $16.9M (revenue -18.0% year-over-year).
2013: Revenue of $3.5M, expenses of $1.1M, and assets of $14.8M (revenue +17.0% year-over-year).
2012: Revenue of $3.0M, expenses of $1.9M, and assets of $12.2M (revenue +33.5% year-over-year).
2011: Revenue of $2.2M, expenses of $2.3M, and assets of $10.6M.

Data Sources and Methodology

This transparency report for Tompkins Charitable Gift Fund Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.