Triple Threat Mentoring NFP

Analysis

Triple Threat Mentoring NFP is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in August 2009, 17 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 Mentoring NFP reported income of $1.4m and spending of $1.0m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $749k to $1.4m (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 94% 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 Mentoring NFP 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 83rd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Boys and Girls Club of Hollywood ($1.4m), Inner Beauty Program ($1.4m) and Benton-Franklin Market Stock Sale Committee ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $170k (17% of expenses). Other salaries and wages came to $136k. At year end it held assets of $702k against liabilities of $339k, net assets of $363k. It reported 3 employees.