Tabernacle Community Development

Analysis

Tabernacle Community Development is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tabernacle Community Development reported income of $1.3m and spending of $1.8m, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $1.3m (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2021, when income rose by 269%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tabernacle Community Development sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Bicycle Federation of Wisconsin Educational Foundation Inc ($1.3m), Grand Penn Community Alliance Inc ($1.3m) and Greater Pittsburgh Office of Promotion ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 25% of the total. Other salaries and wages came to $424k. At year end it held assets of $9.3m against liabilities of $84k, net assets of $9.2m.