Tranzed Apprenticeship Ventures Inc

Analysis

Tranzed Apprenticeship Ventures Inc is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 2017, 9 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 June 2023, Tranzed Apprenticeship Ventures Inc reported income of $154k and spending of $691k, spending 449% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $159k to $154k (-2.9%), an average of -0.7% a year. The sharpest change came in the year to June 2021, when income rose by 140%. Over the whole period it spent 204% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tranzed Apprenticeship Ventures Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within MD. Charities of a similar size with the same main cause include Womens Venture Fund Inc ($154k), Mundelein Community Connection ($154k) and Baraka Services ($154k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $86k against liabilities of $37k, net assets of $49k.