Tanzania Wesley Education Foundation

Analysis

Tanzania Wesley Education Foundation is a registered charity in United States, based in Clarksville, TN. It received its IRS tax-exemption ruling in December 2016, 10 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 (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, Tanzania Wesley Education Foundation reported income of $564k and spending of $549k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $243k to $564k (+133%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tanzania Wesley Education Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within TN. Charities of a similar size with the same main cause include Touch of Love International ($564k), Bridge of Hope Africa Ministries ($565k) and Mission Flight ($564k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (13% of expenses). Other salaries and wages came to $10k. At year end it held assets of $37k against liabilities of $0, net assets of $37k. It reported 2 employees.