Trinitas Foundation

Analysis

Trinitas Foundation is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in September 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Trinitas Foundation reported income of $3.3m and spending of $12.9m, spending 389% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.6m to $3.3m (-41%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 113% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinitas Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NJ. Charities of a similar size with the same main cause include Applied Behavioral Rehabilitation Institute Inc ($3.3m), Fairsky Foundation ($3.3m) and Appalachian Restoration Project Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. At year end it held assets of $7.3m against liabilities of $477k, net assets of $6.8m.