Tri-County Council Foundation Inc

Analysis

Tri-County Council Foundation Inc is a registered charity in United States, based in Salisbury, MD. It received its IRS tax-exemption ruling in December 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Tri-County Council Foundation Inc reported income of $4.9m and spending of $4.9m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.9m (+63%), an average of +13% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tri-County Council Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MD. Charities of a similar size with the same main cause include Woodstock Day School ($4.9m), Montessori de Terra Linda ($4.9m) and Life Learning Academy ($4.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $414k against liabilities of $204k, net assets of $209k. It reported 171 employees.