Tides Inc

Analysis

Tides Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in October 2006, 20 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, Tides Inc reported income of $4.3m and spending of $4.1m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.3m (+15%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tides Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Community United Child Care Centers Inc ($4.3m), N Y Police and Fire Widows & Childrens Benefit Fund Inc ($4.3m) and The Hope for Families Center Inc ($4.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% and program service revenue 96% of the total. At year end it held assets of $11.5m against liabilities of $8.5m, net assets of $3.0m.