Trans-Atlantic Renal Council Inc

Analysis

Trans-Atlantic Renal Council Inc is a registered charity in United States, based in Jackson, NJ. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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 June 2024, Trans-Atlantic Renal Council Inc reported income of $332k and spending of $334k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $452k to $332k (-27%), an average of -7.4% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trans-Atlantic Renal Council Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 70th percentile within NJ. Charities of a similar size with the same main cause include Care Compass Collaborative ($332k), Point of Return Inc ($332k) and Hometown Heroes Inc ($332k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $46k (14% of expenses). Other salaries and wages came to $1,523. At year end it held assets of $131k against liabilities of $6,206, net assets of $125k. It reported 2 employees.