Trinity Healing Center Inc

Analysis

Trinity Healing Center Inc is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in November 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, Trinity Healing Center Inc reported income of $656k and spending of $498k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $298k to $656k (+120%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 86%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Healing Center Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 70th percentile within NY. Charities of a similar size with the same main cause include Iowa Agriculture Literacy Foundation ($656k), Lutheran Services for the Aging Inc ($656k) and Carlos Legacy ($656k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $361k. At year end it held assets of $100k against liabilities of $108k, net assets of -$8,709. It reported 9 employees.