Dr Tracis House

Analysis

Dr Tracis House is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in April 2020, 6 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Dr Tracis House reported income of $134k and spending of $109k, spending 81% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $121k to $134k (+11%), an average of +11% a year. Over the whole period it spent 88% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Dr Tracis House sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Fulton Area Development Corp ($134k), Gold Beach Main Street ($134k) and Cedar Fairmount Special Improvement District ($134k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.8% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.