TPhilanthropy, Voluntarism & GrantmakingEIN: 316018703· Ruling Year: 1949

Troy Foundation

Troy, Ohio

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 132 peers in Philanthropy, Voluntarism & Grantmaking with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org12.87×
Peer Median11.98×
💰
$12.0M
Total Revenue
📊
$10.3M
Total Expenses
🏦
$132.5M
Net Assets
📋
$8.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.2%
Year-over-year change (2022 → 2023)
Net Margin
+13.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
12.87
Net assets divided by total expenses
Liabilities-to-Assets
6.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$11,964,4192%$10,295,98020%$141,156,12414%
2022$11,701,98920%$8,604,3276%$123,423,52417%
2021$14,638,9547%$8,080,9942%$148,750,69319%
2020$15,775,9859%$7,954,3577%$125,171,21719%
2019$14,423,45915%$8,509,05226%$105,029,16517%
2018$12,587,04629%$6,738,59535%$89,521,7736%
2017$17,821,02186%$10,377,88981%$95,501,50914%
2016$9,593,07369%$5,741,98621%$83,811,8727%
2015$5,689,31937%$4,747,37212%$78,640,9273%
2014$9,006,88013%$4,240,30914%$81,471,6295%
2013$7,970,07820%$3,724,32522%$77,775,40214%
2012$6,662,48820%$3,060,5857%$68,331,99911%
2011$8,300,263$3,303,577$61,510,606

Frequently Asked Questions

What does Troy Foundation do?

Troy Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Ohio. It is classified under NTEE code T310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Troy Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Troy Foundation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Troy Foundation generate?

Troy Foundation reports $13.5M in annual revenue and holds $159.1M in total assets, based on IRS filings.

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