Tlafrica Inc

Analysis

Tlafrica Inc is a registered charity in United States, based in LA Mirada, CA. It received its IRS tax-exemption ruling in November 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tlafrica Inc reported income of $282k and spending of $211k, leaving 25% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $354k to $282k (-20%), an average of -7.4% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tlafrica Inc 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 63rd percentile within CA. Charities of a similar size with the same main cause include Manara College a NJ Nonprofit Corporation ($282k), Ischools Inc ($282k) and I Have a Dream Foundation - New Jersey Inc ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $31k (15% of expenses). At year end it held assets of $140k against liabilities of $2,446, net assets of $137k. It reported 2 employees.