Tri County Entrepreneurial Development Center

Analysis

Tri County Entrepreneurial Development Center is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in April 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Tri County Entrepreneurial Development Center reported income of $67k and spending of $33k, leaving 51% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $71k to $67k (-4.9%), an average of -4.9% a year. Over the whole period it spent 54% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tri County Entrepreneurial Development Center sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 33rd percentile within SC. Charities of a similar size with the same main cause include Wilna Champion Transportation Assoc ($67k), Steinwehr Avenue Heart of Gettysburg Battlefield Inc ($67k) and Norwich Business Improvement District Management Assoc Inc ($67k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $349k against liabilities of $1,850, net assets of $347k.