Trillium Health Inc

Analysis

Trillium Health Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in March 1991, 35 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trillium Health Inc reported income of $61.4m and spending of $60.7m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.8m to $61.4m (+106%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 79%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trillium Health Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within NY. Charities of a similar size with the same main cause include Medstar Health Visiting Nurse Association Inc ($61.3m), Holyoke Health Center Inc ($61.4m) and Regional East Texas Food Bank ($61.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1.1m (1.9% of expenses). Other salaries and wages came to $15.8m. At year end it held assets of $41.3m against liabilities of $17.0m, net assets of $24.3m. It reported 319 employees.