Trident Foundation

Analysis

Trident Foundation is a registered charity in United States, based in Biloxi, MS. It received its IRS tax-exemption ruling in August 2015, 11 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable 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 April 2024, Trident Foundation reported income of $669k and spending of $671k, spending 100% of its income. Across the 2 years on record, from April 2023 to April 2024, income grew from $40k to $669k (+1552%), an average of +1552% a year. The sharpest change came in the year to April 2024, when income rose by 1552%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trident Foundation sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within MS. Charities of a similar size with the same main cause include Louisiana Guardianship Services Inc ($669k), NC Rams All-Sport Booster Club Inc ($669k) and Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co ($669k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.