Azalea Trace Inc

Analysis

Azalea Trace Inc is a registered charity in United States, based in Tifton, GA. It received its IRS tax-exemption ruling in February 1998, 28 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 (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, Azalea Trace Inc reported income of $91k and spending of $117k, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $91k (+3.6%), an average of +0.9% a year. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Azalea Trace Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within GA. Charities of a similar size with the same main cause include Breakthrough Phase III Inc ($91k), Colfax Community Housing ($91k) and NYC Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $29k. At year end it held assets of $249k against liabilities of $8,343, net assets of $241k.

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.