Turkish American Interculturaleducational Foundation

Analysis

Turkish American Interculturaleducational Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in August 2007, 19 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 Interculturaleducational Foundation reported income of $690k and spending of $546k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $690k (+295%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Turkish American Interculturaleducational Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 72nd percentile within MO. Charities of a similar size with the same main cause include Capital Area Peer Services ($690k), Church Women United Child Care Center ($691k) and Michael S Foundation Inc ($690k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.4% of the total. Compensation of current officers, directors and key employees was $6,556 (1.2% of expenses). Other salaries and wages came to $68k. At year end it held assets of $695k against liabilities of $292k, net assets of $403k. It reported 2 employees.