Trinitas Healthcare Corporation

Analysis

Trinitas Healthcare Corporation is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in November 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trinitas Healthcare Corporation reported income of $6.9m and spending of $6.2m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.2m to $6.9m (+12%), an average of +2.8% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinitas Healthcare Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NJ. Charities of a similar size with the same main cause include Evangelical Services for the Aging ($6.9m), TPC Inc ($6.9m) and Crowell Memorial Home ($6.9m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $13.0m against liabilities of $6.5m, net assets of $6.6m.