The Tidings

Analysis

The Tidings is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Tidings reported income of $1.7m and spending of $1.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.2m to $1.7m (-24%), an average of -6.6% a year. The sharpest change came in the year to June 2021, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Tidings 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 85th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Founders Ministries Inc ($1.7m), Rocky Mountain Ski Instructors Educational Foundation ($1.7m) and Habitat for Humanity International Inc ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 35% of the total. Other salaries and wages came to $413k. At year end it held assets of $183k against liabilities of $210k, net assets of -$27k. It reported 8 employees.