Tanzanian Childrens Fund Inc

Analysis

Tanzanian Childrens Fund Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tanzanian Childrens Fund Inc reported income of $3.0m and spending of $3.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.0m (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2020, when income rose by 34%. Over the whole period it spent 75% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tanzanian Childrens Fund Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Slow Sculpture ($3.0m), Oxford Circle Christian Communitydevelopment Association Inc ($3.0m) and Huntington Family Centers Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 0.6% of the total. Other salaries and wages came to $206k. At year end it held assets of $9.9m against liabilities of $3,033, net assets of $9.9m. It reported 3 employees.