Friends of Tilonia Inc

Analysis

Friends of Tilonia Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 July 2024, Friends of Tilonia Inc reported income of $188k and spending of $175k, spending 93% of its income. Across the 4 years on record, from July 2021 to July 2024, income grew from $153k to $188k (+23%), an average of +7.1% a year. The sharpest change came in the year to July 2024, when income rose by 87%. Over the whole period it spent 78% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Friends of Tilonia Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Children at Heart Adoption Services ($188k), Chinese American Educational Exchange Ltd ($188k) and Equalhealth Inc ($188k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $3,110 (1.8% of expenses). At year end it held assets of $199k against liabilities of $21k, net assets of $179k.