Transpire Inc

Analysis

Transpire Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2002, 24 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transpire Inc reported income of $103k and spending of $103k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $107k to $103k (-3.9%), an average of -3.9% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transpire Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 19th percentile within DC. Charities of a similar size with the same main cause include Bryan McDonough Military Heroesfoundation ($103k), Vincent P Gurucharri M D Foundation Inc ($103k) and Saxton Community Library ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $250k against liabilities of $227k, net assets of $23k.