Triumph Seminars

Analysis

Triumph Seminars is a registered charity in United States, based in Carol Stream, IL. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Triumph Seminars reported income of $341k and spending of $335k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $350k to $341k (-2.3%), an average of -2.3% a year. Over the whole period it spent 77% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Triumph Seminars sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within IL. Charities of a similar size with the same main cause include Cops N Kids Reading Center Inc ($341k), Myanmar Assembly of God ($342k) and Big Brothers Big Sisters of the Upstate Inc ($341k).

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 $100k (30% of expenses). Other salaries and wages came to $103k. At year end it held assets of $106k against liabilities of $66k, net assets of $41k. It reported 8 employees.