Once Trece Foundation Corp

Analysis

Once Trece Foundation Corp is a registered charity in United States, based in Davie, FL. It received its IRS tax-exemption ruling in September 2021, 5 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, Once Trece Foundation Corp reported income of $443k and spending of $443k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $198k to $443k (+124%), an average of +124% a year. The sharpest change came in the year to December 2023, when income rose by 124%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Once Trece Foundation Corp sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include Gout Education Society Inc ($443k), Hope Springs Counseling Center ($443k) and Modern Widows Club Inc ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $545k against liabilities of $545k, net assets of $0.