T1d Exchange Inc

Analysis

T1d Exchange Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in October 2015, 11 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, T1d Exchange Inc reported income of $98k and spending of $137k, spending 140% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $1.3m to $98k (-92%), an average of -40% a year. The sharpest change came in the year to December 2021, when income rose by 1792%. Over the whole period it spent 171% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, T1d Exchange Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 43rd percentile within MA. Charities of a similar size with the same main cause include Sappington House Foundation ($98k), Big Island Rendezvous and Festival Inc ($98k) and Liberty Foundation Inc ($98k).

At year end it held assets of $7.0m against liabilities of $0, net assets of $7.0m.