Trinity Haitian Baptist Church of Palm Bay Inc

Analysis

Trinity Haitian Baptist Church of Palm Bay Inc is a registered charity in United States, based in Palm Bay, FL. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Trinity Haitian Baptist Church of Palm Bay Inc reported income of $90k and spending of $53k, leaving 41% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income fell from $97k to $90k (-7.0%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Haitian Baptist Church of Palm Bay Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Wygo Ministries ($90k), New Life Christian Ministries ($90k) and Lutheran Agency for Missions to Burmese Inc ($90k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 100% of the total. At year end it held assets of $852k against liabilities of $781k, net assets of $71k.