Traron Center

Analysis

Traron Center is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Traron Center reported income of $379k and spending of $397k, spending 105% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $210k to $379k (+81%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Traron Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 39th percentile within DC. Charities of a similar size with the same main cause include Believe with Me Inc ($379k), We Care ($379k) and Jehovah Jireh 1 Outreach Ministry ($379k).

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 $77k (19% of expenses). Other salaries and wages came to $113k. At year end it held assets of $69k against liabilities of $0, net assets of $69k. It reported 9 employees.