Turmia Foundation

Analysis

Turmia Foundation is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2017, 9 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, Turmia Foundation reported income of $103k and spending of $0, leaving 100% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $57k to $103k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 61% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Turmia Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Ignite South Africa Inc ($103k), His Dom Orphan Ministry Inc ($103k) and Friends of Zaras Center Inc ($103k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.