Taf Rural Expansion Foundation

Analysis

Taf Rural Expansion Foundation is a registered charity in United States, based in Parsons, TN. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Taf Rural Expansion Foundation reported income of $5.0m and spending of $3.2m, leaving 37% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $5.0m to $5.0m (+0.1%), an average of +0.1% a year. Over the whole period it spent 46% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Taf Rural Expansion Foundation sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within TN. Charities of a similar size with the same main cause include Communities in Schools of the Coastal Bend ($5.0m), Francophone Charter School of Oakland ($5.0m) and Innovation Charter School Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $5.6m against liabilities of $269k, net assets of $5.4m.