Turning the Tide

Analysis

Turning the Tide is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Turning the Tide reported income of $85k and spending of $64k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $592k to $85k (-86%), an average of -86% a year. The sharpest change came in the year to December 2023, when income dropped by 86%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Turning the Tide sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within PA. Charities of a similar size with the same main cause include Niagara Falls Education Foundation Inc ($85k), Conner Taylor Change4conner Foundation Inc ($85k) and Cultural Center Hrisohorafiton Alexander the Great Inc ($85k).

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 $6,855 against liabilities of $6,855, net assets of $0.