Azalea Trace II Inc

Analysis

Azalea Trace II Inc is a registered charity in United States, based in Tifton, GA. It received its IRS tax-exemption ruling in May 1999, 27 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Azalea Trace II Inc reported income of $79k and spending of $105k, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $79k (+8.1%), an average of +2.0% a year. Over the whole period it spent 134% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Azalea Trace II Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within GA. Charities of a similar size with the same main cause include Partners a Nonprofit Corporation ($79k), Habitat for Humanity International Inc ($79k) and Dahc Housing III Inc ($79k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $29k. At year end it held assets of $608k against liabilities of $8,299, net assets of $600k.

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.