Treobytes Inc

Analysis

Treobytes Inc is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover science and technology, which this site groups under arts, culture, heritage and science. 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, Treobytes Inc reported income of $963k and spending of $864k, spending 90% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $241k to $963k (+299%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Treobytes Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within CA. Charities of a similar size with the same main cause include Ohio Designer-Craftsmen ($963k), The Byrd Theatre Foundation ($963k) and Arts Ignite Inc ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $217k (25% of expenses). Other salaries and wages came to $488k. At year end it held assets of $536k against liabilities of $388, net assets of $536k. It reported 54 employees.