Trinity Broadcasting of New York Inc

Analysis

Trinity Broadcasting of New York Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Broadcasting of New York Inc reported income of $3.6m and spending of $6.8m, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.9m to $3.6m (-60%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 146% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Broadcasting of New York Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include If Gathering ($3.6m), Quiet Hour ($3.6m) and Arkansas Baptist Assembly ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $65.8m against liabilities of $14k, net assets of $65.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.