Tracy S Residential Re-Entry Center Inc

Analysis

Tracy S Residential Re-Entry Center Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in April 2024, 2 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 (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, Tracy S Residential Re-Entry Center Inc reported income of $668k and spending of $709k, spending 106% of what it took in. The sharpest change came in the year to December 2022, when income rose by 216522%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tracy S Residential Re-Entry Center Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within KY. Charities of a similar size with the same main cause include St Francis Foundation of Santa Barbara ($668k), Asheville-Buncombe Institute of Parity Achievement ($669k) and Rural Health Network of Oklahoma Inc ($668k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $56k (7.9% of expenses). Other salaries and wages came to $308k. At year end it held assets of $55k against liabilities of $197k, net assets of -$142k. It reported 17 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.