Tri-Development Center Foundation

Analysis

Tri-Development Center Foundation is a registered charity in United States, based in Aiken, SC. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Tri-Development Center Foundation reported income of $76k and spending of $74k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $85k to $76k (-11%), an average of -4.0% a year. The sharpest change came in the year to June 2023, when income dropped by 41%. Over the whole period it spent 129% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-Development Center Foundation sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 36th percentile within SC. Charities of a similar size with the same main cause include Roanoke Asylum-Seekers Support Network ($76k), Community Dream Center ($76k) and Community Partners of Montgomery County ($76k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. Other salaries and wages came to $2,569. At year end it held assets of $564k against liabilities of $887, net assets of $563k.