Tapestry Family Services Inc

Analysis

Tapestry Family Services Inc is a registered charity in United States, based in Ukiah, CA. It received its IRS tax-exemption ruling in December 2000, 26 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 June 2023, Tapestry Family Services Inc reported income of $5.5m and spending of $4.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $5.5m (+88%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 46%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tapestry Family Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within CA. Charities of a similar size with the same main cause include Brunswick Senior Resources Inc ($5.5m), Westland Taylor Corporation ($5.5m) and B J Wilkerson Memorial Child Development Center Inc ($5.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $133k (2.7% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $3.1m against liabilities of $1.8m, net assets of $1.3m. It reported 73 employees.