Triumph Teen Life Center

Analysis

Triumph Teen Life Center is a registered charity in United States, based in Mount Vernon, WA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Teen Life Center reported income of $167k and spending of $160k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $167k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Triumph Teen Life Center sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include Lancaster County Virginia Education Foundation Inc ($167k), Friends of the Library-Ponte Vedra Beach Inc ($167k) and Increase Learning Center Inc ($167k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $12k. At year end it held assets of $9,770 against liabilities of $27k, net assets of -$18k.