Trecs Institute

Analysis

Trecs Institute is a registered charity in United States, based in Uppr BLCK Edy, PA. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Trecs Institute reported income of $136k and spending of $141k, spending 103% of its income. Across the 5 years on record, from December 2018 to December 2023, income fell from $353k to $136k (-62%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 116%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trecs Institute sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Midland Memorial Hospital Auxillary Inc ($136k), Colleen Sorbello Breast Cancer Foundation Inc ($136k) and Abortion Alternatives and Crisis Pregnancy Center Inc ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $264 against liabilities of $0, net assets of $264.

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.