Tech4tracing

Analysis

Tech4tracing is a registered charity in United States, based in Bellevue, WA. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Tech4tracing reported income of $296k and spending of $318k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $5,563 to $296k (+5225%), an average of +5225% a year. The sharpest change came in the year to December 2023, when income rose by 5225%. Over the whole period it spent 106% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Tech4tracing sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WA. Charities of a similar size with the same main cause include Open USA ($296k), Vietnam Health Improvement Project ($296k) and American Friends of Shenkar ($296k).

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 $49k against liabilities of $68k, net assets of -$19k.