Friends of Turkana Inc

Analysis

Friends of Turkana Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in June 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Friends of Turkana Inc reported income of $97k and spending of $127k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $88k to $97k (+10.0%), an average of +10% a year. Over the whole period it spent 113% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Friends of Turkana Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 36th percentile within NY. Charities of a similar size with the same main cause include Greater Philadelphia Charitable Organization ($97k), Empowering Haitians ($97k) and Hooversville Volunteer Fire Company ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.