Triangle Club of Princeton University

Analysis

Triangle Club of Princeton University is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in October 1974, 52 years ago. 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 2023, Triangle Club of Princeton University reported income of $158k and spending of $377k, spending 238% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $190k to $158k (-17%), an average of -4.5% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Triangle Club of Princeton University sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 56th percentile within NJ. Charities of a similar size with the same main cause include Cherry Creek School District Parent Teacher Community Council Inc ($158k), Dundee Crown Athletic Booster Club ($158k) and International Order of the Rainbow Girls ($158k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 86% of the total. At year end it held assets of $671k against liabilities of $28k, net assets of $643k.