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Taraaz

RegisteredEIN 85-4250521Santa Cruz, CAOverseas aid and international
Income$97k2023-12
Spending$99ksame year
Spent / received94%3-year average
Size in its cause33rd pctOverseas aid and international
Exempt since2022Publicly supported organisat
Employees–latest return

Analysis

Taraaz is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in May 2022, 4 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Taraaz reported income of $97k and spending of $99k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $71k to $97k (+37%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 235%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Taraaz sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 38th percentile within CA. Charities of a similar size with the same main cause include Yakote Women Farmers Project ($97k), Japan America Assn of Western SC Inc ($97k) and Daya International ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.

Income and spending

$0$59k$118k$177k$236k2021 Income: $70,5402021 Spending: $69,98020212022 Income: $236,2652022 Spending: $209,36720222023 Income: $96,7462023 Spending: $99,1582023
IncomeSpending

Where the income comes from

  • Program services 100%

Similar-sized charities, same cause

CharityLocationIncome
Yakote Women Farmers ProjectKeizer$97k
Japan America Assn of Western SC IncGreenville$97k
Daya InternationalLittleton$97k
Haiti Mission Society IncBethel$97k