Triumph Foundation

Analysis

Triumph Foundation is a registered charity in United States, based in Santa Clarita, CA. It received its IRS tax-exemption ruling in March 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Triumph Foundation reported income of $1.1m and spending of $814k, leaving 28% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $936k to $1.1m (+21%), an average of +4.9% a year. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Triumph Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Gemma Foundation ($1.1m), Kevin Harvick Foundation ($1.1m) and Associa Cares Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $150k (18% of expenses). Other salaries and wages came to $114k. At year end it held assets of $1.9m against liabilities of $4,098, net assets of $1.9m. It reported 11 employees.