Triangle 24 Hour Club Inc

Analysis

Triangle 24 Hour Club Inc is a registered charity in United States, based in Clarks Summit, PA. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover public and societal benefit, 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 December 2023, Triangle 24 Hour Club Inc reported income of $90k and spending of $38k, leaving 58% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $72k to $90k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2023, when income rose by 234%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Triangle 24 Hour Club Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Camp Harmony Association Inc ($90k), Plumas County Search and Rescue Corporation ($90k) and United Daughters of the Confederacy ($90k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $744k against liabilities of $0, net assets of $744k.