Tea Party Magazine

Analysis

Tea Party Magazine is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Tea Party Magazine reported income of $71k and spending of $69k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $71k (-12%), an average of -12% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tea Party Magazine sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within CA. Charities of a similar size with the same main cause include Ithaca Suzuki Institute Inc ($71k), Broken Arrow Community Playhouse ($71k) and International Child Art Foundation ($71k).

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 $54k against liabilities of $0, net assets of $54k.