Tumaini Ventures Inc

Analysis

Tumaini Ventures Inc is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in July 2009, 17 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, Tumaini Ventures Inc reported income of $69k and spending of $53k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $69k (+5.0%), an average of +5.0% a year. Over the whole period it spent 90% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tumaini Ventures Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within OR. Charities of a similar size with the same main cause include Come & See Africa International ($69k), Torah Vehoraah Foundation Inc ($69k) and World Relief Organization for Children ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $92k against liabilities of $4,280, net assets of $88k.