Trickle Up Program Inc

Analysis

Trickle Up Program Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 August 2023, Trickle Up Program Inc reported income of $6.3m and spending of $5.5m, spending 88% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $4.6m to $6.3m (+38%), an average of +8.3% a year. The sharpest change came in the year to August 2022, when income rose by 39%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trickle Up Program Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include Regional Plan Association Inc ($6.3m), Building Skills Partnership ($6.3m) and Southeast Coastal Ocean Observing Regional Association ($6.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $428k (7.8% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $8.8m against liabilities of $721k, net assets of $8.1m. It reported 25 employees.