Trinity-On-Main Ltd

Analysis

Trinity-On-Main Ltd is a registered charity in United States, based in New Britain, CT. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, Trinity-On-Main Ltd reported income of $87k and spending of $148k, spending 170% of what it took in. Across the 5 years on record, from June 2019 to June 2024, income fell from $137k to $87k (-36%), an average of -11% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 136% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Trinity-On-Main Ltd sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within CT. Charities of a similar size with the same main cause include New England Dance Ensemble ($87k), James Weldon Johnson Literary Foundation Inc ($87k) and Northern Westchester Chinese School ($87k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $1.1m against liabilities of $449k, net assets of $646k.

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.