TPCM Sharks WPC

Analysis

TPCM Sharks WPC is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in October 2020, 6 years ago. 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, TPCM Sharks WPC reported income of $289k and spending of $320k, spending 111% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $107k to $289k (+169%), an average of +39% a year. The sharpest change came in the year to December 2021, when income rose by 138%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, TPCM Sharks WPC sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($289k), St Tammany Art Association ($289k) and Tunstall Volunteer Fire and Rescue Inc ($289k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $106k. At year end it held assets of $100k against liabilities of -$9,608, net assets of $109k. It reported 2 employees.