Transworld Accrediting Commission

Analysis

Transworld Accrediting Commission is a registered charity in United States, based in Palm Coast, FL. It received its IRS tax-exemption ruling in March 1993, 33 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Transworld Accrediting Commission reported income of $243k and spending of $263k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $192k to $243k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Transworld Accrediting Commission sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Indian Lake Christian Service Camp ($243k), Memorial Park Association Inc ($243k) and Cedar Meadows Inc ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $15k (5.7% of expenses). At year end it held assets of $17k against liabilities of $0, net assets of $17k. It reported 1 employees.