Triangle Community Ministry Inc

Analysis

Triangle Community Ministry Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2024, Triangle Community Ministry Inc reported income of $119k and spending of $113k, spending 94% of its income. Across the 3 years on record, from March 2020 to March 2024, income grew from $79k to $119k (+51%), an average of +23% a year. The sharpest change came in the year to March 2023, when income rose by 42%. Over the whole period it spent 85% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Triangle Community Ministry Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within WI. Charities of a similar size with the same main cause include Foodaid Com ($119k), CCS Connect Community Services ($119k) and Bowl for Hunger ($119k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $119k against liabilities of $990, net assets of $118k.