Tides Two Rivers Fund

Analysis

Tides Two Rivers Fund is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tides Two Rivers Fund reported income of $1.1m and spending of $1.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.1m (-26%), an average of -7.2% a year. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tides Two Rivers Fund sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Frisco Education Foundation Inc ($1.1m), Hank Aaron Chasing the Dream Foundation Inc ($1.1m) and Saint Agatha Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9.1m against liabilities of $12.1m, net assets of -$3.0m.