Trident Technical College Foundation Incorporated

Analysis

Trident Technical College Foundation Incorporated is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in November 1981, 45 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Trident Technical College Foundation Incorporated reported income of $3.1m and spending of $1.4m, leaving 54% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.5m to $3.1m (+101%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 113%. Over the whole period it spent 61% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trident Technical College Foundation Incorporated sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within SC. Charities of a similar size with the same main cause include Rollins Child Development Center Inc ($3.1m), Elevator Constructors Union Local No 1 ($3.1m) and Cornerstone Montessori Elementary School ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $21.5m against liabilities of $202k, net assets of $21.3m.