Triple F Empowerment Inc

Analysis

Triple F Empowerment Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Triple F Empowerment Inc reported income of $80k and spending of $84k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $80k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Triple F Empowerment Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within NY. Charities of a similar size with the same main cause include Chang SEN Xue ($80k), Village to Village Inc ($80k) and Ability First Sports ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $4,717 against liabilities of $0, net assets of $4,717.