Tranquility 2020

Analysis

Tranquility 2020 is a registered charity in United States, based in Aliceville, AL. It received its IRS tax-exemption ruling in September 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tranquility 2020 reported income of $75k and spending of $67k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $7,150 to $75k (+943%), an average of +943% a year. The sharpest change came in the year to December 2023, when income rose by 943%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tranquility 2020 sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within AL. Charities of a similar size with the same main cause include Friends of the North Oakland County Veterans Treatment Court ($75k), Special Connections ($75k) and Eusebeia ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $468 against liabilities of $0, net assets of $468.