Trinity Empowerment Consortium Inc

Analysis

Trinity Empowerment Consortium Inc is a registered charity in United States, based in Miami, FL. It received its IRS tax-exemption ruling in July 2005, 21 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 December 2023, Trinity Empowerment Consortium Inc reported income of $345k and spending of $343k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $345k (+8.8%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Empowerment Consortium Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 67th percentile within FL. Charities of a similar size with the same main cause include Hogans Junior Golf Heroes Foundation ($345k), Rainbow Village Inc ($345k) and Treasures in Heaven ($345k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $68k (20% of expenses). Other salaries and wages came to $135k. At year end it held assets of $240k against liabilities of $238k, net assets of $1,357. It reported 6 employees.