Tunisian-American Enterprise Fund

Analysis

Tunisian-American Enterprise Fund is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in August 2014, 12 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, Tunisian-American Enterprise Fund reported income of $3.2m and spending of $1.5m, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $46.4m to $3.2m (-93%), an average of -49% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 19% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tunisian-American Enterprise Fund sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 74th percentile within DC. Charities of a similar size with the same main cause include F L a G Inc ($3.2m), The Institute for the Advancement of Education in Jaffa Inc ($3.2m) and P E O International Peace Scholarship Fund ($3.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 6.9% of the total. Compensation of current officers, directors and key employees was $821k (54% of expenses). At year end it held assets of $89.0m against liabilities of $3.1m, net assets of $85.9m. It reported 1 employees.