Tarp Inc

Analysis

Tarp Inc is a registered charity in United States, based in Paris, TN. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tarp Inc reported income of $464k and spending of $441k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $464k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tarp Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within TN. Charities of a similar size with the same main cause include Anso Child Development ($464k), Pineland Early Learning Center Inc ($464k) and Ohana Pacific Foundation ($464k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $159k. At year end it held assets of $88k against liabilities of $3,773, net assets of $85k. It reported 5 employees.