Tri County Community Action Agency Inc
Tri County Community Action Agency: Strong Growth, Spending Focus on Programs
EIN: 221942357 · Bridgeton, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $84.7M |
| Total Expenses | $76.2M |
| Program Spending | 85% |
| Net Assets | $31.4M |
| Transparency Score | 85/100 |
Is Tri County Community Action Agency Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tri County Community Action Agency Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tri County Community Action Agency Inc
Tri County Community Action Agency Inc (EIN: 221942357) is a nonprofit organization based in Bridgeton, NJ. The organization reported total revenue of $84.7M and total assets of $44.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri County Community Action Agency Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri County Community Action Agency Inc is a major nonprofit that has been operating for 52 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $77.1M |
| Total Expenses | $76.2M |
| Surplus / Deficit | +$972K |
| Total Assets | $45.8M |
| Total Liabilities | $14.5M |
| Net Assets | $31.4M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 31.5% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2024, Tri County Community Action Agency Inc reported a surplus of $972K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 31.5% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Tri County Community Action Agency Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.9% | +9.5% | +10.9% |
| 2023 | +11.2% | +12.8% | +14.6% |
| 2022 | +5.3% | +2.0% | +4.8% |
| 2021 | +0.6% | +0.5% | +1.9% |
| 2020 | -0.6% | -1.0% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tri County Community Action Agency Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Tri County Community Action Agency Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $972K, with revenue exceeding expenses.
- Debt-to-asset ratio: 31.5%.
Executive Compensation Analysis
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Tri County Community Action Agency Inc:
- Consistent revenue growth over the past five years, indicating strong financial health and increasing reach.
- Assets have steadily increased, from $33,786,276 in 2020 to $45,826,797 in 2024, enhancing long-term stability.
- Low liability-to-asset ratio, suggesting sound financial management and minimal debt burden.
Frequently Asked Questions about Tri County Community Action Agency Inc
Is Tri County Community Action Agency Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri County Community Action Agency Inc (EIN: 221942357) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Tri County Community Action Agency Inc spend its money?
Tri County Community Action Agency Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tri County Community Action Agency Inc tax-deductible?
Tri County Community Action Agency Inc is registered as a tax-exempt nonprofit (EIN: 221942357). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tri County Community Action Agency Inc's spending goes to programs?
Tri County Community Action Agency Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Tri County Community Action Agency Inc located?
Tri County Community Action Agency Inc is headquartered in Bridgeton, New Jersey and files with the IRS under EIN 221942357.
How many years of IRS 990 filings does Tri County Community Action Agency Inc have?
Tri County Community Action Agency Inc has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $84.7M in total revenue.
What does Tri County Community Action Agency Inc do?
Tri County Community Action Agency Inc is a nonprofit organization in the Unknown sector, located in Bridgeton, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Tri County Community Action Agency Inc have?
Tri County Community Action Agency Inc reported total revenue of $84,676,235. Based on 14 IRS 990 filings on record.
What are Tri County Community Action Agency Inc's total assets?
Tri County Community Action Agency Inc holds total assets of $44,277,004 as reported in IRS 990 filings.
Where is Tri County Community Action Agency Inc located?
Tri County Community Action Agency Inc is based in Bridgeton, New Jersey.
What is Tri County Community Action Agency Inc's EIN?
Tri County Community Action Agency Inc's Employer Identification Number (EIN) is 221942357. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Tri County Community Action Agency Inc?
Tri County Community Action Agency Inc is classified under NTEE code Unknown (Unknown).
Is Tri County Community Action Agency Inc a registered 501(c)(3)?
Tri County Community Action Agency Inc appears in IRS records (EIN: 221942357). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Tri County Community Action Agency Inc file IRS Form 990?
Yes, Tri County Community Action Agency Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Tri County Community Action Agency Inc's revenue in 2024?
In the 202406 filing period, Tri County Community Action Agency Inc reported total revenue of $77,142,117, total expenses of $76,170,097, and net assets of $45,826,797.
Is Tri County Community Action Agency Inc's revenue growing or declining?
Tri County Community Action Agency Inc's revenue is growing. Revenue went from $70,861,465 (202306) to $77,142,117 (202406), a +8.9% change. Based on 14 filings on record.
What is Tri County Community Action Agency Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Tri County Community Action Agency Inc covers tax period 202406. It shows revenue of $77,142,117, expenses of $76,170,097, total assets of $45,826,797, and liabilities of $14,455,218.
How much does Tri County Community Action Agency Inc spend on programs vs administration?
Based on IRS 990 analysis, Tri County Community Action Agency Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Tri County Community Action Agency Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Tri County Community Action Agency Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Tri County Community Action Agency Inc's strengths?
Positive indicators for Tri County Community Action Agency Inc include: Consistent revenue growth over the past five years, indicating strong financial health and increasing reach.. Assets have steadily increased, from $33,786,276 in 2020 to $45,826,797 in 2024, enhancing long-term stability.. Low liability-to-asset ratio, suggesting sound financial management and minimal debt burden.. These findings are derived from AI analysis of the organization's financial filings.
How does Tri County Community Action Agency Inc compensate executives?
Executive compensation details are not provided in the given data, preventing a specific assessment of individual salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to achieve such consistent revenue growth, and what are the primary drivers behind this expansion?
The provided data shows a consistent upward trend in revenue, from $60,161,567 in 2020 to $77,142,117 in 2024. While specific drivers aren't detailed, this growth suggests successful program expansion, increased grant funding, or effective fundraising strategies.
Given the substantial increase in assets, how are these new assets being utilized to further the organization's mission?
Assets have grown from $33,786,276 in 2020 to $45,826,797 in 2024. This increase could indicate investments in new facilities, equipment, or program infrastructure, all of which would enhance the agency's capacity to deliver services and expand its impact.
Filing History
IRS 990 filing history for Tri County Community Action Agency Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Tri County Community Action Agency Inc's revenue has grown by 127.2%, moving from $34.0M to $77.1M. Total assets increased by 324.1% over the same period, from $10.8M to $45.8M. Total functional expenses rose by 124.7%, from $33.9M to $76.2M. In its most recent filing year (2024), Tri County Community Action Agency Inc reported a surplus of $972K, with revenue exceeding expenses. The organization holds $14.5M in liabilities against $45.8M in assets (debt-to-asset ratio: 31.5%), resulting in net assets of $31.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $77.1M | $76.2M | $45.8M | $14.5M | — | View 990 |
| 2023 | $70.9M | $69.6M | $41.3M | $10.9M | — | View 990 |
| 2022 | $63.7M | $61.7M | $36.1M | $6.9M | — | View 990 |
| 2021 | $60.5M | $60.5M | $34.4M | $7.3M | — | View 990 |
| 2020 | $60.2M | $60.2M | $33.8M | $6.8M | — | View 990 |
| 2019 | $60.5M | $60.8M | $34.2M | $7.2M | — | View 990 |
| 2018 | $61.8M | $60.7M | $35.1M | $7.8M | — | View 990 |
| 2017 | $77.4M | $65.2M | $34.8M | $8.6M | — | View 990 |
| 2016 | $64.8M | $58.8M | $23.1M | $9.1M | — | View 990 |
| 2015 | $54.8M | $50.7M | $15.8M | $7.8M | — | View 990 |
| 2014 | $49.8M | $49.0M | $11.9M | $7.9M | — | View 990 |
| 2013 | $46.1M | $46.0M | $10.7M | $7.4M | — | View 990 |
| 2012 | $45.3M | $45.5M | $10.5M | $7.4M | — | View 990 |
| 2011 | $34.0M | $33.9M | $10.8M | $7.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $77.1M, expenses of $76.2M, and assets of $45.8M (revenue +8.9% year-over-year).
- 2023: Revenue of $70.9M, expenses of $69.6M, and assets of $41.3M (revenue +11.2% year-over-year).
- 2022: Revenue of $63.7M, expenses of $61.7M, and assets of $36.1M (revenue +5.3% year-over-year).
- 2021: Revenue of $60.5M, expenses of $60.5M, and assets of $34.4M (revenue +0.6% year-over-year).
- 2020: Revenue of $60.2M, expenses of $60.2M, and assets of $33.8M (revenue -0.6% year-over-year).
- 2019: Revenue of $60.5M, expenses of $60.8M, and assets of $34.2M (revenue -2.1% year-over-year).
- 2018: Revenue of $61.8M, expenses of $60.7M, and assets of $35.1M (revenue -20.1% year-over-year).
- 2017: Revenue of $77.4M, expenses of $65.2M, and assets of $34.8M (revenue +19.5% year-over-year).
- 2016: Revenue of $64.8M, expenses of $58.8M, and assets of $23.1M (revenue +18.2% year-over-year).
- 2015: Revenue of $54.8M, expenses of $50.7M, and assets of $15.8M (revenue +10.0% year-over-year).
- 2014: Revenue of $49.8M, expenses of $49.0M, and assets of $11.9M (revenue +8.0% year-over-year).
- 2013: Revenue of $46.1M, expenses of $46.0M, and assets of $10.7M (revenue +1.8% year-over-year).
- 2012: Revenue of $45.3M, expenses of $45.5M, and assets of $10.5M (revenue +33.4% year-over-year).
- 2011: Revenue of $34.0M, expenses of $33.9M, and assets of $10.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri County Community Action Agency Inc:
Data Sources and Methodology
This transparency report for Tri County Community Action Agency Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.