Triple Threat Foundation

Analysis

Triple Threat Foundation is a registered charity in United States, based in Bala Cynwyd, PA. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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, Triple Threat Foundation reported income of $101k and spending of $104k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $130k to $101k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 98% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Triple Threat Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Bring Me a Book St Louis ($101k), Central Florida Youth in Agriculture ($101k) and Friends of Camp Mary White Inc ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. At year end it held assets of $1,585 against liabilities of $56k, net assets of -$54k.