Trimedx Foundation Inc

Analysis

Trimedx Foundation Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 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, Trimedx Foundation Inc reported income of $413k and spending of $294k, leaving 29% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $426k to $413k (-3.1%), an average of -0.8% a year. The sharpest change came in the year to December 2021, when income rose by 70%. Over the whole period it spent 50% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trimedx Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include New Creation Business Advocates Inc ($413k), Central Valley Community Resources Inc ($413k) and Feed My Sheep - Temple ($413k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. Other salaries and wages came to $13k. At year end it held assets of $3.2m against liabilities of $27k, net assets of $3.2m.