Tri-Ko Inc

Analysis

Tri-Ko Inc is a registered charity in United States, based in Osawatomie, KS. It received its IRS tax-exemption ruling in April 1976, 50 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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 December 2023, Tri-Ko Inc reported income of $7.3m and spending of $7.6m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.6m to $7.3m (+10%), an average of +2.5% a year. Over the whole period it spent 97% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tri-Ko Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within KS. Charities of a similar size with the same main cause include Opportunity South Carolina ($7.3m), Every Citizen Has Opportunities Inc ($7.3m) and Veterans of Foreign Wars Foundation ($7.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.2% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $182k (2.4% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $10.5m against liabilities of $5.0m, net assets of $5.5m. It reported 158 employees.