Tides Center

Analysis

Tides Center is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 1995, 31 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 December 2023, Tides Center reported income of $233.7m and spending of $307.3m, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $200.4m to $233.7m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tides Center sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Jewish Board of Family & Childrens Services Inc ($233.4m), Food Bank of Central & Eastern North Carolina Inc ($234.0m) and Community Coordinated Care for Children Inc ($232.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 15% of the total. Other salaries and wages came to $86.0m. It paid $1.2m in professional fundraising fees. At year end it held assets of $323.4m against liabilities of $30.6m, net assets of $292.8m. It reported 1,365 employees.