Technocopia Co

Analysis

Technocopia Co is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Technocopia Co reported income of $219k and spending of $236k, spending 108% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $203k to $219k (+7.8%), an average of +2.5% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Technocopia Co sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within MA. Charities of a similar size with the same main cause include Love Without Borders - for Refugees in Need ($219k), Tommys Pantry Inc ($219k) and Lancaster Community Center ($219k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 9.1% of the total. Other salaries and wages came to $62k. At year end it held assets of $361k against liabilities of $275k, net assets of $86k. It reported 2 employees.