Tradition One

Analysis

Tradition One is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in December 1971, 55 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Tradition One reported income of $2.3m and spending of $2.3m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $2.3m (+53%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tradition One sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Mayflower Gardens Health Facilities Inc ($2.3m), Richard L Shorkey Education and Rehabilitation Center ($2.3m) and Texas Health Services Authority ($2.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.5% of the total. Compensation of current officers, directors and key employees was $142k (6.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $807k against liabilities of $315k, net assets of $491k. It reported 31 employees.