Tri-County Community Action Inc

Analysis

Tri-County Community Action Inc is a registered charity in United States, based in Center, TX. It received its IRS tax-exemption ruling in September 1965, 61 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 April 2023, Tri-County Community Action Inc reported income of $13.0m and spending of $12.9m, spending 99% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $8.6m to $13.0m (+51%), an average of +11% a year. The sharpest change came in the year to April 2022, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri-County Community Action Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Ozark Action Inc ($13.0m), LA Loma Senior Living Services Inc ($13.0m) and Wichita Childrens Home ($13.0m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $161k (1.3% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $2.5m against liabilities of $830k, net assets of $1.7m. It reported 194 employees.