Tri City Volunteers Inc

Analysis

Tri City Volunteers Inc is a registered charity in United States, based in Fremont, CA. It received its IRS tax-exemption ruling in April 1980, 46 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 June 2024, Tri City Volunteers Inc reported income of $3.8m and spending of $3.9m, spending 101% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $4.6m to $3.8m (-18%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income dropped by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tri City Volunteers Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Jewish Community Center of Greater Ann Arbor ($3.8m), Marrakech Day Services Inc ($3.8m) and Castle Country Assisted Living Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $165k (4.3% of expenses). Other salaries and wages came to $282k. At year end it held assets of $1.5m against liabilities of $281k, net assets of $1.2m. It reported 10 employees.