Tfalls Foundation Inc

Analysis

Tfalls Foundation Inc is a registered charity in United States, based in Acworth, GA. It received its IRS tax-exemption ruling in April 2019, 7 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, Tfalls Foundation Inc reported income of $221k and spending of $162k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $94k to $221k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tfalls Foundation Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within GA. Charities of a similar size with the same main cause include Lamoni Community Daycare Funshine ($221k), Happen Inc ($221k) and Grace Horizon Inc ($221k).

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 $148k against liabilities of $0, net assets of $148k.