Tri-Cities Prep Foundation

Analysis

Tri-Cities Prep Foundation is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tri-Cities Prep Foundation reported income of $100k and spending of $9,805, leaving 90% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $35k to $100k (+187%), an average of +70% a year. The sharpest change came in the year to June 2023, when income rose by 132%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tri-Cities Prep Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 33rd percentile within WA. Charities of a similar size with the same main cause include Akwa Ibom Women Association Houston Inc ($100k), Joseph Pedrotti Memorial Foundation ($100k) and CIO Scholarship Fund ($100k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $571k against liabilities of $0, net assets of $571k.