Tip Your Heart Foundation

Analysis

Tip Your Heart Foundation is a registered charity in United States, based in Lodi, CA. It received its IRS tax-exemption ruling in January 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tip Your Heart Foundation reported income of $83k and spending of $80k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $91k to $83k (-8.5%), an average of -8.5% a year. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tip Your Heart Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Transitional Food and Shelter Inc ($83k), Rotary Club of San Francisco Chinatown Foundation Inc ($83k) and Maria Hill Foundation Inc ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $16k against liabilities of $0, net assets of $16k.