Triumph Gulf Coast Inc

Analysis

Triumph Gulf Coast Inc is a registered charity in United States, based in Tallahassee, FL. It received its IRS tax-exemption ruling in November 2018, 8 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 December 2023, Triumph Gulf Coast Inc reported income of $96.8m and spending of $52.8m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80.0m to $96.8m (+21%), an average of +4.9% a year. Over the whole period it spent 33% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Triumph Gulf Coast Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within FL. Charities of a similar size with the same main cause include Lifetime Assistance Incorporated ($96.7m), Charity Global Inc ($96.8m) and Wind Crest Inc ($96.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Compensation of current officers, directors and key employees was $110k (0.2% of expenses). At year end it held assets of $592.4m against liabilities of $12.5m, net assets of $579.9m. It reported 1 employees.