Trideum Foundation Inc

Analysis

Trideum Foundation Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Trideum Foundation Inc reported income of $71k and spending of $103k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $111k to $71k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trideum Foundation Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within AL. Charities of a similar size with the same main cause include Mame Jaara Foundation ($71k), Society of St Vincent de Paul St Michael the Archangel Conference ($71k) and Crosses for Losses ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.