Taiwanese American Foundation

Analysis

Taiwanese American Foundation is a registered charity in United States, based in Alhambra, CA. It received its IRS tax-exemption ruling in August 1974, 52 years ago. 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, Taiwanese American Foundation reported income of $296k and spending of $356k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $296k (-76%), an average of -30% a year. The sharpest change came in the year to December 2020, when income dropped by 73%. Over the whole period it spent 49% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taiwanese American Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 64th percentile within CA. Charities of a similar size with the same main cause include Claremont Educational Foundation ($296k), International Sunday School Lessons Inc ($296k) and Habitat for Humanity International Inc ($296k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 66% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.