Tri-Centric Foundation Inc

Analysis

Tri-Centric Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Tri-Centric Foundation Inc reported income of $103k and spending of $129k, spending 126% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $83k to $103k (+23%), an average of +23% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 127% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-Centric Foundation Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Grant County Senior Citizens Association ($103k), Eagle Lake Recreation Center ($103k) and Korean Educational Institute ($103k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.