Tam Nhi Foundation

Analysis

Tam Nhi Foundation is a registered charity in United States, based in Anaheim, CA. It received its IRS tax-exemption ruling in September 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, Tam Nhi Foundation reported income of $53k and spending of $54k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $71k to $53k (-25%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 40%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tam Nhi Foundation sits at the 19th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within CA. Charities of a similar size with the same main cause include C R a S H ($53k), Bay Cove Orchardfield Residence Inc ($53k) and Jamar Kavon Hildreth Foundation Inc ($53k).

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