Ti-Hwa Foundation

Analysis

Ti-Hwa Foundation is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ti-Hwa Foundation reported income of $309k and spending of $440k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $309k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2020, when income rose by 36%. Over the whole period it spent 121% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ti-Hwa Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 36th percentile within DC. Charities of a similar size with the same main cause include Fairmount Park Senior Housing Inc ($309k), Exhale Womens Fellowship ($309k) and Lasalle Park Homes II Inc ($308k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $1.8m against liabilities of $1.0m, net assets of $781k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.