Tapal Charitable Foundation

Analysis

Tapal Charitable Foundation is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Tapal Charitable Foundation reported income of $121k and spending of $121k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $98k to $121k (+23%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tapal Charitable Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Sisters of Soul S O S Youth and Family Non Profit Corporation ($121k), DC Wise Inc ($121k) and Rock Creek Disabled Outdoors Inc ($121k).

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 $1,304 against liabilities of $1,304, net assets of $0.