Triple E Inc

Analysis

Triple E Inc is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Triple E Inc reported income of $125k and spending of $135k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $104k to $125k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Triple E Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include City Chik on a Mission Corp ($125k), Dover Educational & Community Center Inc ($125k) and Fishes & Loaves Pantry Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10.0% of the total. At year end it held assets of $58k against liabilities of $18k, net assets of $40k.