Taniokas Charity Foundation

Analysis

Taniokas Charity Foundation is a registered charity in United States, based in Waipahu, HI. It received its IRS tax-exemption ruling in January 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Taniokas Charity Foundation reported income of $53k and spending of $28k, leaving 47% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $53k (-44%), an average of -44% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 52% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Taniokas Charity Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within HI. Charities of a similar size with the same main cause include Wallburg Elementary School PTO ($53k), Rotary Club of Hagerstown Sunrise Foundation Inc ($53k) and Palm Beach Childrens Chorus Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 146% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.