Tri-County Foundation

Analysis

Tri-County Foundation is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 2023, 3 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tri-County Foundation reported income of $1.2m and spending of $511k, leaving 57% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $466k to $1.2m (+154%), an average of +154% a year. The sharpest change came in the year to June 2023, when income rose by 154%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tri-County Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within MO. Charities of a similar size with the same main cause include Brookdale Community College Foundation Trust ($1.2m), Dedman Foundation ($1.2m) and Glenda G Morgan Charitable Foundation Inc ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 48% of the total. At year end it held assets of $6.1m against liabilities of $3.1m, net assets of $3.0m.