Transfair USA

Analysis

Transfair USA is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in May 1997, 29 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Transfair USA reported income of $20.0m and spending of $22.3m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $21.6m to $20.0m (-7.3%), an average of -1.9% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 97% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Transfair USA sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Central European University ($20.0m), Near East Foundation ($20.1m) and Nuclear Threat Initiative Inc ($19.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.6m (12% of expenses). Other salaries and wages came to $10.4m. At year end it held assets of $14.3m against liabilities of $2.4m, net assets of $11.9m. It reported 127 employees.