Tumaini Fund USA Inc

Analysis

Tumaini Fund USA Inc is a registered charity in United States, based in Naples, FL. It received its IRS tax-exemption ruling in February 2010, 16 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 Fund USA Inc reported income of $290k and spending of $294k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $290k (+0.5%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tumaini Fund USA 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 64th percentile within FL. Charities of a similar size with the same main cause include Stop the War in Europe ($290k), Tebnine Org ($290k) and Asociacion Civil Awamaki ($290k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.