Turkish-American Religious Foundation

Analysis

Turkish-American Religious Foundation is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Turkish-American Religious Foundation reported income of $5.8m and spending of $5.3m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $957k to $5.8m (+503%), an average of +57% a year. The sharpest change came in the year to December 2023, when income rose by 714%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turkish-American Religious Foundation sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within MD. Charities of a similar size with the same main cause include Angel of God Resource Center ($5.8m), Residential Management Services Inc ($5.8m) and Community Action Commission of Belmont County ($5.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. It paid $7,065 in professional fundraising fees. At year end it held assets of $7.7m against liabilities of $0, net assets of $7.7m.