Tabitha Foundation

Analysis

Tabitha Foundation is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in August 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tabitha Foundation reported income of $4.4m and spending of $7.2m, spending 164% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $4.8m to $4.4m (-7.3%), an average of -1.5% a year. The sharpest change came in the year to December 2021, when income rose by 129%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tabitha Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within NE. Charities of a similar size with the same main cause include Milner Community Health Care Inc ($4.4m), CCH Development Corporation ($4.4m) and Project Return Peer Support Network ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. Other salaries and wages came to $233k. At year end it held assets of $12.7m against liabilities of $2.7m, net assets of $10.1m. It reported 3 employees.