Trinitys Services and Food for the Homeless Inc
Analysis
Trinitys Services and Food for the Homeless Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1991, 35 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, Trinitys Services and Food for the Homeless Inc reported income of $830k and spending of $919k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $578k to $830k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 33%. Over the whole period it spent 102% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinitys Services and Food for the Homeless Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 73rd percentile within NY. Charities of a similar size with the same main cause include Ranfurly Homes for Childreninc ($830k), Rest Stop Ministries ($830k) and Hope for Kids Childcare Center ($830k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $77k (8.4% of expenses). Other salaries and wages came to $159k. At year end it held assets of $263k against liabilities of $9,175, net assets of $254k. It reported 11 employees.
Income and spending
Where the income comes from
- Contributions & grants 34%
- Program services 66%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ranfurly Homes for Childreninc | Parkland | $830k |
| Rest Stop Ministries | Hermitage | $830k |
| Hope for Kids Childcare Center | Duluth | $830k |
| The Highlands Community Development Corporation | Washington | $830k |