Trinity Foundation
Analysis
Trinity Foundation is a registered charity in United States, based in Unicoi, TN. It received its IRS tax-exemption ruling in April 1978, 48 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Trinity Foundation reported income of $99k and spending of $126k, spending 127% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $104k to $99k (-4.6%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 87% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Foundation sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within TN. Charities of a similar size with the same main cause include Tyy Beit Shemesh Inc ($99k), Bread of Life Ministries of Albion ($99k) and Elim International ($99k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $73k (58% of expenses). At year end it held assets of $345k against liabilities of $0, net assets of $345k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 20%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Tyy Beit Shemesh Inc | Spring Valley | $99k |
| Bread of Life Ministries of Albion | Albion | $99k |
| Elim International | Leola | $99k |
| Recovery Refuge Inc | Hendersonvlle | $99k |