Tacoma Teachers Home Association

Analysis

Tacoma Teachers Home Association is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 1980, 46 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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 June 2024, Tacoma Teachers Home Association reported income of $2.1m and spending of $2.0m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.7m to $2.1m (+22%), an average of +5.0% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tacoma Teachers Home Association sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within WA. Charities of a similar size with the same main cause include Jan Peterson Child Day Care Center Inc ($2.1m), Academy Child Development Center Inc ($2.1m) and Safe House for Women Inc ($2.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Other salaries and wages came to $565k. At year end it held assets of $1.6m against liabilities of $2.8m, net assets of -$1.2m.