Tri-County Community Action Agency

Analysis

Tri-County Community Action Agency is a registered charity in United States, based in Lagrange, KY. It received its IRS tax-exemption ruling in April 1990, 36 years ago. 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-County Community Action Agency reported income of $1.8m and spending of $1.8m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.9m to $1.8m (-7.1%), an average of -2.4% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tri-County Community Action Agency sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within KY. Charities of a similar size with the same main cause include Access Inc ($1.8m), Fogerty Arena the Ice House ($1.8m) and Friends of Yeshiva Orot Ha Teshuba Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 7.9% of the total. Other salaries and wages came to $602k. At year end it held assets of $1.5m against liabilities of $108k, net assets of $1.4m. It reported 49 employees.