Charity Search / TACOMA COMMUNITY BOAT BUILDERS INC
Philanthropy & Grantmaking (T30) IRS Verified DX Registered 990 on File

TACOMA COMMUNITY BOAT BUILDERS INC

EIN: 46-1724422 · TACOMA, WA 98421-1706 · United States · FY 2023 Data
4 out of 5 66 / 100 Based on 2+ years of filings
Financial strength (30%) 62/100
Reliability (20%) 50/100
Effectiveness (25%) 94/100
Impact (25%) 55/100
Financial data: FY 2023 · Scored 9/13/2026
Claim this Charity
TACOMA COMMUNITY BOAT BUILDERS INC logo
CharityAI™ Score
Not yet evaluated
Mission Statement

Our mission is to create transformational opportunities for marginalized and underserved youth through positive mentorship, woodworking, wooden boat building and on the water experiences. TBB pairs youth with caring adults to create objects with functional beauty. By matching justice-involved and other young people facing adversity with caring, positive adults, they engage in a learning-by-doing process that builds mutual reliance, self-esteem, and efficacy. Through this, youth can experience setting and achieving their goals.

Financial Overview — FY 2023
$1.6M
Total Revenue
$1.6M
Total Expenses
$245K
Net Assets
33
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 87.6%
Fundraising Efficiency 1432.5%
Operating Reserve 1.82x
Liability-to-Asset 34.8%
Revenue Diversification 93.9%
Executive Compensation $73K
Compared with Peers
FY 2023
Compared with 7,741 similar organizations (United States, Philanthropy & Grantmaking, $1M–$10M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
87.6% 91.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
9.4% 8.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.0% 1.9%
P10P90
Below median
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
1432.5% 145.3%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
1.8 mo 80.2 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
34.8% 0.0%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
93.9% 90.3%
P10P90
Below median
Revenue growth
Year over year revenue growth
156.7% 3.2%
P10P90
Expense growth
Year over year expense growth
186.4% 6.5%
P10P90
Surplus margin
Surplus as a share of revenue
-3.6% -4.9%
P10P90
Impact
1 program
Outcome / Program People Served Cost / Service # Completed Duration
youth program expenses for one year to include enrichment supplies for projects, outings, etc 132 $1,000.00 Per Year
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $1.6M $1.6M $245K 87.6% 33
2022 $605K $562K $300K 73.7% 7
2021 $502K $527K N/A 7
Donor Reviews
Write a Review
No reviews yet

Be the first to share your experience with this organization.


Write a Review
Minimum 20 characters
Reviews appear after moderation (usually within 24 hours)
Organization Details
EIN
46-1724422
State
WA
City
TACOMA
ZIP
98421-1706
Classification
T30
Category
Philanthropy & Grantmaking
Rating
4★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2014
Foundation Code
15
Form 990
On File
Is this your organization?

Claim it to manage this profile, add your board, financials and impact metrics, and lift your CharityAI™ rating.

Claim this Charity
Back to Search New Search