Tri County Opportunities Industrialization Center Inc

Analysis

Tri County Opportunities Industrialization Center Inc is a registered charity in United States, based in Harrisburg, PA. It received its IRS tax-exemption ruling in May 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tri County Opportunities Industrialization Center Inc reported income of $1.8m and spending of $1.8m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.8m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri County Opportunities Industrialization Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Old Fort Niagara Association Incorporated ($1.8m), Weirton Health Care Inc ($1.8m) and Phoenix Society Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $73k (3.9% of expenses). Other salaries and wages came to $563k. At year end it held assets of $203k against liabilities of $79k, net assets of $124k. It reported 33 employees.