Tribal Trust Foundation Inc

Analysis

Tribal Trust Foundation Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 December 2023, Tribal Trust Foundation Inc reported income of $443k and spending of $498k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $443k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2022, when income rose by 1051%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tribal Trust Foundation Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include First Voice Inc ($443k), Fort Hill Performing Arts Center Inc ($443k) and Buchanan Center for the Arts ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (8.0% of expenses). At year end it held assets of $54k against liabilities of $9,799, net assets of $44k. It reported 1 employees.