Tri-City Collective Inc

Analysis

Tri-City Collective Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Tri-City Collective Inc reported income of $232k and spending of $203k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $213k to $232k (+9.1%), an average of +4.5% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tri-City Collective Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within OK. Charities of a similar size with the same main cause include Minority Business Association Joint Ventures Inc ($232k), Monroe County Il Economic Development Corporation ($232k) and Paradise Performing Arts Center ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.