Talitha Koum Institute

Analysis

Talitha Koum Institute is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in April 2000, 26 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Talitha Koum Institute reported income of $1.7m and spending of $1.1m, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $798k to $1.7m (+119%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 78% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Talitha Koum Institute sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Nonprofits First Inc ($1.7m), Ameritrust CDC ($1.7m) and Charlotte Regional Business Alliance Foundation ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $608k. It paid $85k in professional fundraising fees. At year end it held assets of $1.5m against liabilities of $34k, net assets of $1.5m. It reported 41 employees.