Tricolore Committee

Analysis

Tricolore Committee is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in July 1998, 28 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, Tricolore Committee reported income of $63k and spending of $73k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $63k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tricolore Committee sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 13th percentile within DC. Charities of a similar size with the same main cause include Mancelona Food Pantry & Resale Inc ($63k), Josephs Storehouse of Hurricane Mills ($63k) and Together Foundation Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 46% of the total. At year end it held assets of $76k against liabilities of $0, net assets of $76k.