Tri-Valley Socks

Analysis

Tri-Valley Socks is a registered charity in United States, based in Livermore, CA. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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 2022, Tri-Valley Socks reported income of $143k and spending of $165k, spending 116% of what it took in. Across the 2 years on record, from December 2019 to December 2022, income fell from $156k to $143k (-8.8%), an average of -8.8% a year. Over the whole period it spent 117% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tri-Valley Socks sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 48th percentile within CA. Charities of a similar size with the same main cause include Tennessee Recovery Alliance ($143k), Delaware Foundation for Medical Services Ltd ($143k) and Nonprofit Trinity Health Centre of Minnesota Chartered ($143k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 126% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.