Trancare

Analysis

Trancare is a registered charity in United States, based in Wenatchee, WA. It received its IRS tax-exemption ruling in September 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Trancare reported income of $757k and spending of $541k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $328k to $757k (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trancare sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 75th percentile within WA. Charities of a similar size with the same main cause include Hebni Nutrition Consultants Inc ($757k), Appalachia Reach Out ($757k) and Community Loaves ($757k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $107k (20% of expenses). Other salaries and wages came to $48k. At year end it held assets of $460k against liabilities of $62k, net assets of $398k. It reported 2 employees.