Tiwahe Foundation

Analysis

Tiwahe Foundation is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2009, 17 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, Tiwahe Foundation reported income of $1.3m and spending of $1.1m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $257k to $1.3m (+397%), an average of +49% a year. The sharpest change came in the year to December 2022, when income rose by 183%. Over the whole period it spent 120% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tiwahe Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MN. Charities of a similar size with the same main cause include Moore Youth & Family Services Inc ($1.3m), Hopes Place Inc ($1.3m) and Kind to Kids Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $162k (15% of expenses). Other salaries and wages came to $144k. At year end it held assets of $8.0m against liabilities of $61k, net assets of $7.9m. It reported 5 employees.