Tricity Family Services

Analysis

Tricity Family Services is a registered charity in United States, based in Geneva, IL. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2024, Tricity Family Services reported income of $3.3m and spending of $3.2m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $2.0m to $3.3m (+62%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tricity Family Services sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Christian Fellowship House ($3.3m), Kiski Valley Opportunities Unlimited ($3.3m) and Community Support Programs Inc ($3.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $352k (11% of expenses). At year end it held assets of $2.9m against liabilities of $418k, net assets of $2.5m. It reported 51 employees.