Tapestry for Women Inc

Analysis

Tapestry for Women Inc is a registered charity in United States, based in Morristown, TN. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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, Tapestry for Women Inc reported income of $84k and spending of $39k, leaving 54% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $84k (+37%), an average of +37% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 33% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Tapestry for Women Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within TN. Charities of a similar size with the same main cause include Metropolitan Washington DC Chapter of Ncbw100 ($84k), Clear Spring Road Residences Inc ($84k) and Friends of the Louisiana Center for Women and Government Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $412k against liabilities of $170k, net assets of $242k.