Tradeoffs
Analysis
Tradeoffs is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tradeoffs reported income of $767k and spending of $1.3m, spending 166% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $544k to $767k (+41%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 95%. Over the whole period it spent 79% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Tradeoffs sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within PA. Charities of a similar size with the same main cause include Trinity Cathedral Academy Inc ($767k), Sea Change Incorporated ($767k) and Leas Christian School ($767k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $311k (24% of expenses). Other salaries and wages came to $472k. At year end it held assets of $1.0m against liabilities of $19k, net assets of $998k. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 26%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trinity Cathedral Academy Inc | Trenton | $767k |
| Sea Change Incorporated | Columbus | $767k |
| Leas Christian School | San Lorenzo | $767k |
| North Carolina Restaurant and Lodging Association Foundation Inc | Raleigh | $767k |