The Triangle Nonprofit & Volunteer Leadership Center

Analysis

The Triangle Nonprofit & Volunteer Leadership Center is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in August 1997, 29 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 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 June 2023, The Triangle Nonprofit & Volunteer Leadership Center reported income of $625k and spending of $625k, spending 100% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $449k to $625k (+39%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Triangle Nonprofit & Volunteer Leadership Center sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 73rd percentile within NC. Charities of a similar size with the same main cause include Sb7 Support Foundation Inc ($625k), Willie Stargell Foundation Inc ($625k) and Christa McAuliffe Charter School Foundation Inc ($624k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $80k (13% of expenses). Other salaries and wages came to $178k. At year end it held assets of $276k against liabilities of $26k, net assets of $250k. It reported 11 employees.