Tenants Together

Analysis

Tenants Together is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Tenants Together reported income of $1.5m and spending of $1.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $535k to $1.5m (+188%), an average of +30% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tenants Together sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include El Ranchito de Los Ninos Foundation ($1.5m), Real Change Homeless Empowerment Project ($1.5m) and Montgomery Area Council on Aging ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $91k (6.7% of expenses). Other salaries and wages came to $716k. At year end it held assets of $1.9m against liabilities of $118k, net assets of $1.8m. It reported 10 employees.