Tumblehome Inc

Analysis

Tumblehome Inc is a registered charity in United States, based in Newton, MA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tumblehome Inc reported income of $561k and spending of $858k, spending 153% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $379k to $561k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tumblehome Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within MA. Charities of a similar size with the same main cause include Association of Independent Colleges and Universities of Rhode Island ($561k), Arizona Chapter Associated General Contractors of America Inc Appren ($562k) and Eca Support Corporation ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 10% of the total. Other salaries and wages came to $371k. At year end it held assets of $300k against liabilities of $290k, net assets of $9,901.