Tri-Creek Education Foundation Inc

Analysis

Tri-Creek Education Foundation Inc is a registered charity in United States, based in Lowell, IN. It received its IRS tax-exemption ruling in June 2001, 25 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, Tri-Creek Education Foundation Inc reported income of $275k and spending of $238k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $179k to $275k (+54%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 768%. Over the whole period it spent 88% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tri-Creek Education Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Scarsdale Foundation ($275k), Discovery Place Holding Foundation ($275k) and Celebrate Great Falls Foundation ($275k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 54% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.