Trinity Hope Inc
Analysis
Trinity Hope Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in August 2005, 21 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2024, Trinity Hope Inc reported income of $4.4m and spending of $3.2m, leaving 29% of income unspent that year. Across the 6 years on record, from July 2019 to July 2024, income grew from $1.3m to $4.4m (+246%), an average of +28% a year. The sharpest change came in the year to July 2021, when income rose by 69%. Over the whole period it spent 77% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Trinity Hope Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Grid3 Inc ($4.4m), Institute for Policy Studies ($4.4m) and American Friends of Maoz-Seal Inc ($4.4m).
On its Form 990 for the period ending July 2024, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $168k (5.3% of expenses). Other salaries and wages came to $34k. At year end it held assets of $5.2m against liabilities of $48k, net assets of $5.1m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grid3 Inc | New York | $4.4m |
| Institute for Policy Studies | Suite | $4.4m |
| American Friends of Maoz-Seal Inc | Haverhill | $4.4m |
| Common Hope Inc | Saint Paul | $4.5m |