Tri-State Consortium Inc

Analysis

Tri-State Consortium Inc is a registered charity in United States, based in Pleasantville, NY. It received its IRS tax-exemption ruling in August 2000, 26 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Tri-State Consortium Inc reported income of $604k and spending of $534k, spending 88% of its income. Across the 3 years on record, from June 2020 to June 2022, income grew from $527k to $604k (+15%), an average of +7.1% a year. The sharpest change came in the year to June 2022, when income rose by 24%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tri-State Consortium Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 69th percentile within NY. Charities of a similar size with the same main cause include Covenant Christian School of Mason County ($604k), New York District Kiwanis Foundation Inc ($604k) and Asase Yaa Cultural Arts Foundation Inc ($604k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 7.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $291k (55% of expenses). Other salaries and wages came to $17k. At year end it held assets of $483k against liabilities of $1,050, net assets of $482k. It reported 3 employees.