Love Our Tanzania Family Inc

Analysis

Love Our Tanzania Family Inc is a registered charity in United States, based in Mount Dora, FL. It received its IRS tax-exemption ruling in February 2021, 5 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, Love Our Tanzania Family Inc reported income of $158k and spending of $146k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $122k to $158k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Love Our Tanzania Family Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within FL. Charities of a similar size with the same main cause include Somers Lions Charitable Foundation Inc ($158k), Dots Tots Foundation ($158k) and Tabitha Cares ($158k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $58k against liabilities of $0, net assets of $58k.