Tradewinds Inc
Analysis
Tradewinds Inc is a registered charity in United States, based in Sedalia, MO. It received its IRS tax-exemption ruling in April 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Tradewinds Inc reported income of $183k and spending of $215k, spending 118% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $162k to $183k (+13%), an average of +4.1% a year. Over the whole period it spent 129% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tradewinds Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within MO. Charities of a similar size with the same main cause include Elmdale Apartments Nonprofit Housing Corporation ($183k), Community Action Housing Development Corporation ($183k) and Jewish Residential Foundation ($183k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 56% of the total. Other salaries and wages came to $24k. At year end it held assets of $809k against liabilities of $1.5m, net assets of -$688k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 44%
- Program services 56%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Elmdale Apartments Nonprofit Housing Corporation | Grand Rapids | $183k |
| Community Action Housing Development Corporation | Lincoln | $183k |
| Jewish Residential Foundation | Pittsburgh | $183k |
| Christian Help Center Church | Vallejo | $183k |