Tri County Educational Foundation Tri-County Academy

Analysis

Tri County Educational Foundation Tri-County Academy is a registered charity in United States, based in Flora, MS. It received its IRS tax-exemption ruling in December 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Tri County Educational Foundation Tri-County Academy reported income of $3.4m and spending of $3.3m, spending 96% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $2.4m to $3.4m (+44%), an average of +9.5% a year. The sharpest change came in the year to May 2021, when income rose by 32%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri County Educational Foundation Tri-County Academy sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within MS. Charities of a similar size with the same main cause include Boys & Girls Clubs of Northern Rhode Island ($3.4m), Sustainable Food Center Inc ($3.4m) and Chatham Outreach Alliance Inc ($3.4m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 8.6% and program service revenue 84% of the total. Other salaries and wages came to $1.6m. At year end it held assets of $2.8m against liabilities of $264k, net assets of $2.5m. It reported 99 employees.