Tides Foundation

Analysis

Tides Foundation is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1977, 49 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Tides Foundation reported income of $350.1m and spending of $711.6m, spending 203% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $511.1m to $350.1m (-31%), an average of -9.0% a year. The sharpest change came in the year to December 2020, when income rose by 109%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tides Foundation sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Tulsa Community Foundation ($329.5m), Marine Toys for Tots Foundation ($359.2m) and Suzanne and Walter Scott Foundation ($327.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 0.5% of the total. At year end it held assets of $646.1m against liabilities of $68.6m, net assets of $577.5m.