Changing Tides Family Services

Analysis

Changing Tides Family Services is a registered charity in United States, based in Eureka, CA. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Changing Tides Family Services reported income of $14.9m and spending of $15.1m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.1m to $14.9m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Changing Tides Family Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Community Action Wayne Medina ($14.9m), Arc of New Jersey Inc ($14.9m) and Lorain County Community Action Agency Inc ($14.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $513k (3.4% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $4.9m against liabilities of $3.6m, net assets of $1.3m. It reported 182 employees.