Tracing Patterns Foundation

Analysis

Tracing Patterns Foundation is a registered charity in United States, based in Berkeley, CA. It received its IRS tax-exemption ruling in February 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tracing Patterns Foundation reported income of $340k and spending of $63k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $296k to $340k (+15%), an average of +15% a year. Over the whole period it spent 30% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tracing Patterns Foundation sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Aston Magna Foundation for Music and the Humanities Inc ($340k), French Colonial America ($340k) and Black School Inc ($340k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.1% of the total. At year end it held assets of $548k against liabilities of $539, net assets of $547k.