Triangle Telangana Association

Analysis

Triangle Telangana Association is a registered charity in United States, based in Morrisville, NC. It received its IRS tax-exemption ruling in June 2017, 9 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, Triangle Telangana Association reported income of $155k and spending of $135k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $155k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2021, when income rose by 94%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Triangle Telangana Association sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NC. Charities of a similar size with the same main cause include Community Foundation of Hamilton County ($155k), Westview Foundation ($155k) and Weaver-Parrish Charitable Trust ($155k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.5% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.