Taimaka Project

Analysis

Taimaka Project is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Taimaka Project reported income of $469k and spending of $312k, leaving 33% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $210k to $469k (+123%), an average of +123% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 58% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Taimaka Project sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 42nd percentile within DC. Charities of a similar size with the same main cause include Eduarte Courtot Foundation ($468k), Spoleto Study Abroad ($470k) and Streets International Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $64k. It paid $1,511 in professional fundraising fees. At year end it held assets of $316k against liabilities of $25k, net assets of $292k. It reported 3 employees.