Triumph Foundation

Analysis

Triumph Foundation is a registered charity in United States, based in Owasso, OK. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Triumph Foundation reported income of $207k and spending of $257k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $154k to $207k (+34%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 276%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Triumph Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Falls City Sacred Heart Catholic School Foundation ($207k), One Love ($207k) and George Mason University Alumni Association ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. At year end it held assets of $139k against liabilities of $48k, net assets of $91k.