3rtec Inc

Analysis

3rtec Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, 3rtec Inc reported income of $194k and spending of $238k, spending 122% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $207k to $194k (-6.1%), an average of -2.1% a year. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 3rtec Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within OH. Charities of a similar size with the same main cause include Teen Challenge of Baltimore Inc ($194k), St Regis Falls Ambulance Inc ($194k) and Lupus Foundation of Colorado Inc ($194k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $6,750 (2.8% of expenses). Other salaries and wages came to $38k. At year end it held assets of $220k against liabilities of $0, net assets of $220k. It reported 7 employees.