TSFR Care Fund

Analysis

TSFR Care Fund is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in January 2017, 9 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, TSFR Care Fund reported income of $240k and spending of $367k, spending 153% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $277k to $240k (-13%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 83% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, TSFR Care Fund sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within MI. Charities of a similar size with the same main cause include Youth Making a Difference ($240k), Associated Charities of Lenawee County ($240k) and Advo-Kids Casa Inc ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $233k against liabilities of $0, net assets of $233k.