Friends of Tanzania-Marafiki Wa Tanzania

Analysis

Friends of Tanzania-Marafiki Wa Tanzania is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in May 1992, 34 years ago. 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, Friends of Tanzania-Marafiki Wa Tanzania reported income of $75k and spending of $60k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $75k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of Tanzania-Marafiki Wa Tanzania sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 14th percentile within DC. Charities of a similar size with the same main cause include Coordination Council of the Dixie Home & School Association ($75k), Southwest Wings Inc ($75k) and PTA Rhode Island Congress of Parents and Teachers ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $75k against liabilities of $0, net assets of $75k.