Friends of TCZ

Analysis

Friends of TCZ is a registered charity in United States, based in Grantham, PA. It received its IRS tax-exemption ruling in March 2005, 21 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 (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, Friends of TCZ reported income of $265k and spending of $303k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $265k (+11%), an average of +2.6% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 99% 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 TCZ sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Hydromissions ($264k), Tanzania Orphans Upendo Community Inc ($265k) and Mission 111 ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $88k against liabilities of $0, net assets of $88k.