Tarpan Charitable Foundation Inc

Analysis

Tarpan Charitable Foundation Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Tarpan Charitable Foundation Inc reported income of $139k and spending of $15k, leaving 89% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $500k to $139k (-72%), an average of -72% a year. The sharpest change came in the year to December 2023, when income dropped by 72%. Over the whole period it spent 5.1% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tarpan Charitable Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Muslim Sisters Helping Inc ($139k), St William of York Outreach Inc ($139k) and Restoration Hem Project Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $616k against liabilities of $0, net assets of $616k.