Tri-County Community Action Partnership Inc

Analysis

Tri-County Community Action Partnership Inc is a registered charity in United States, based in Little Falls, MN. It received its IRS tax-exemption ruling in April 1966, 60 years ago. 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 September 2023, Tri-County Community Action Partnership Inc reported income of $12.0m and spending of $11.3m, spending 94% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.5m to $12.0m (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2022, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-County Community Action Partnership Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within MN. Charities of a similar size with the same main cause include Tri-County Council for Child Development ($12.0m), Randalls Island Park Alliance Inc ($12.0m) and Couleecap Inc ($12.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Compensation of current officers, directors and key employees was $265k (2.4% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $4.2m against liabilities of $2.4m, net assets of $1.7m. It reported 168 employees.