Tidewell Foundation Inc

Analysis

Tidewell Foundation Inc is a registered charity in United States, based in Lakewood Ranch, FL. It received its IRS tax-exemption ruling in August 2020, 6 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Tidewell Foundation Inc reported income of $6.3m and spending of $8.8m, spending 141% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $20.3m to $6.3m (-69%), an average of -32% a year. The sharpest change came in the year to September 2021, when income rose by 154%. Over the whole period it spent 36% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tidewell Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within FL. Charities of a similar size with the same main cause include Carlsbad Lifehouse ($6.3m), Ucm Home Care ($6.3m) and Friends of Yad Sarah Inc ($6.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $70.2m against liabilities of $5.4m, net assets of $64.8m.