Tayseer Foundation

Analysis

Tayseer Foundation is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in December 2013, 13 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, Tayseer Foundation reported income of $852k and spending of $989k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $634k to $852k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 233%. Over the whole period it spent 49% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tayseer Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within TN. Charities of a similar size with the same main cause include Sephardic Tradition and Recreation Inc ($852k), Life Construction Outreach Inc ($852k) and Generation Joshua Ministries ($851k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $194k (20% of expenses). Other salaries and wages came to $164k. At year end it held assets of $3.9m against liabilities of $34k, net assets of $3.8m. It reported 10 employees.