Tumaini DC Incorporated

Analysis

Tumaini DC Incorporated is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 September 2023, Tumaini DC Incorporated reported income of $469k and spending of $404k, spending 86% of its income. Across the 2 years on record, from September 2022 to September 2023, income fell from $479k to $469k (-2.2%), an average of -2.2% a year. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tumaini DC Incorporated sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Ohio Futbol Club ($468k), Big Brothers Big Sisters of Greater Cleveland ($469k) and Noroton Heights Depot Inc ($468k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Other salaries and wages came to $268k. At year end it held assets of $125k against liabilities of $0, net assets of $125k. It reported 4 employees.