Tentmakers Inc

Analysis

Tentmakers Inc is a registered charity in United States, based in Richmond, CA. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Tentmakers Inc reported income of $287k and spending of $341k, spending 119% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income grew from $154k to $287k (+86%), an average of +86% a year. The sharpest change came in the year to June 2023, when income rose by 86%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tentmakers Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Durham Trinity Corporation ($287k), Cedar Park Senior Housing Corporation ($287k) and Lowcountry Housing & Redevelopment Corporation ($287k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $12k (3.4% of expenses). Other salaries and wages came to $6,115. At year end it held assets of $37k against liabilities of $12k, net assets of $25k.