Taiwan Future Foundation Inc

Analysis

Taiwan Future Foundation Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in November 2023, 3 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, Taiwan Future Foundation Inc reported income of $198k and spending of $5,356, leaving 97% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $100k to $198k (+98%), an average of +98% a year. The sharpest change came in the year to December 2023, when income rose by 98%. Over the whole period it spent 11% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Taiwan Future Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within OH. Charities of a similar size with the same main cause include Nigerian Christian Childrens Home Foundation ($197k), Manitha Neyam Trust Inc ($198k) and International Christian Outreach and Relief Group ($197k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.