Three Rivers College Foundation

Analysis

Three Rivers College Foundation is a registered charity in United States, based in Norwich, CT. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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 2024, Three Rivers College Foundation reported income of $842k and spending of $910k, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $870k to $842k (-3.2%), an average of -0.8% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Three Rivers College Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within CT. Charities of a similar size with the same main cause include Chicago Area Fair Housing Alliance ($842k), Small Wonder Child Care Inc ($842k) and Clinton Soccer Association ($842k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 82% of the total. At year end it held assets of $6.5m against liabilities of $200, net assets of $6.5m.