Tapestry International

Analysis

Tapestry International is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, 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 December 2023, Tapestry International reported income of $120k and spending of $61k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $80k to $120k (+49%), an average of +49% a year. The sharpest change came in the year to December 2023, when income rose by 49%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tapestry International sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OK. Charities of a similar size with the same main cause include Hoap Inc ($120k), Hudson Valley Textile Project Inc ($120k) and Fueled for School ($120k).

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 $158k against liabilities of $0, net assets of $158k.