Tanzania Education Fund Inc

Analysis

Tanzania Education Fund Inc is a registered charity in United States, based in Vienna, VA. It received its IRS tax-exemption ruling in August 2000, 26 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tanzania Education Fund Inc reported income of $84k and spending of $106k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $107k to $84k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 83% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tanzania Education Fund Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Better World Fund ($84k), Iron Kite International ($85k) and Open Learning Exchange Inc ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.