Trrac Inc

Analysis

Trrac Inc is a registered charity in United States, based in Coatesville, PA. It received its IRS tax-exemption ruling in March 2017, 9 years ago. Its declared purposes cover animal-related, which this site groups under animals. 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, Trrac Inc reported income of $268k and spending of $252k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $268k (+105%), an average of +20% a year. The sharpest change came in the year to December 2020, when income rose by 46%. Over the whole period it spent 101% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Trrac Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within PA. Charities of a similar size with the same main cause include Animal Protection League of New Jersey Inc ($268k), Save a Pet Rescue Adoption and Transport Inc ($268k) and Last Chance Corral ($268k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $71k against liabilities of $56k, net assets of $16k.