Triple T Academy

Analysis

Triple T Academy is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in January 2021, 5 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, Triple T Academy reported income of $103k and spending of $108k, spending 105% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $103k (-11%), an average of -11% a year. 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, Triple T Academy sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within IN. Charities of a similar size with the same main cause include Bengali Christian Ministry ($103k), Capistran Youth Foundation Inc ($103k) and Childrens Burn Foundation of Florida Inc ($103k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 52% of the total. At year end it held assets of $4,734 against liabilities of $0, net assets of $4,734.