Tranquillity Alumni & Friends Inc
Analysis
Tranquillity Alumni & Friends Inc is a registered charity in United States, based in Monroe TWP, NJ. It received its IRS tax-exemption ruling in January 1959, 67 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Tranquillity Alumni & Friends Inc reported income of $123k and spending of $142k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $149k to $123k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 110% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tranquillity Alumni & Friends Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 50th percentile within NJ. Charities of a similar size with the same main cause include Champions FC Inc ($123k), New York State 4-H Foundation Inc ($123k) and South Londonderry Library Association Inc ($123k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.
Income and spending
Where the income comes from
- Contributions & grants 54%
- Program services 46%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Champions FC Inc | Stafford | $123k |
| New York State 4-H Foundation Inc | Ithaca | $123k |
| South Londonderry Library Association Inc | S Londonderry | $123k |
| Piedmont Blues Preservation Society | Greensboro | $123k |