Trec International

Analysis

Trec International is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Trec International reported income of $294k and spending of $297k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $294k (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 71%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Trec International sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Falls City Educational Foundation ($294k), Shaare Tevuna Inc ($294k) and Tuscaloosa City Schools Education Foundation Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $61k (21% of expenses). At year end it held assets of $113k against liabilities of $848, net assets of $112k. It reported 2 employees.