Tower of Refuge

Analysis

Tower of Refuge is a registered charity in United States, based in Fullerton, CA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Tower of Refuge reported income of $421k and spending of $621k, spending 147% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $268k to $421k (+57%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 222%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tower of Refuge sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within CA. Charities of a similar size with the same main cause include Shaarei Shalom Inc ($421k), Mina Ministries Inc ($422k) and Wild Horse Ministries Inc ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $99k against liabilities of $0, net assets of $99k.