The Tenacity Project Inc

Analysis

The Tenacity Project Inc is a registered charity in United States, based in Emeryville, CA. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Tenacity Project Inc reported income of $922k and spending of $886k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $922k (-8.0%), an average of -2.1% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 110% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Tenacity Project Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include De Pere Select Soccer Club ($921k), Hope Foundation for Aspiring Youth ($922k) and Montgomery County Fair Society ($921k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $203k (23% of expenses). Other salaries and wages came to $170k. At year end it held assets of $72k against liabilities of $361k, net assets of -$289k. It reported 9 employees.