Tri-city Peoples Corporation is a 501(c)(3) organization based in Newark, New Jersey, registered in 2023, with $593,373 in FY2022 revenue. CharityIndex grades it F.
Revenue (FY2022)
$593K
▲ 1.9% vs prior year
Community median: $184K
Expenses (FY2022)
$586K
Net assets
-$763K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Tri-city Peoples Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Tri-city Peoples Corporation: 0 mo reserves · +1% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Tri-city Peoples Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Tri-city Peoples Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $6.8M (FY2013) to $593K (FY2022) across 4 reported years.
Financial snapshot
Operating margin
1.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$914K
Total liabilities
$1.7M
Net assets
-$763K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $593,373▲1.9% | $585,660▼31.3% | -$762,947▲75.2% | $914,455▲8.5% | 990 |
| 2021 | $582,335▼72.1% | $852,154▼59.7% | -$3,072,981▼0.2% | $842,435▲125% | 990 |
| 2018 | $2,086,183▼69.5% | $2,114,710▼71.6% | -$3,066,353▼198% | $374,812▼86.6% | 990 |
| 2013 | $6,844,209 | $7,453,486▲3.0% | -$1,028,281▼145% | $2,803,005▲5.1% | 990 |
| 2012 | — | $7,236,949 | -$419,004 | $2,666,398 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Tri-city Peoples Corporation (EIN 22-2303647) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.