Trinity Day Care Center

Analysis

Trinity Day Care Center is a registered charity in United States, based in Portland, ME. It received its IRS tax-exemption ruling in January 1940, 86 years ago. 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 2023, Trinity Day Care Center reported income of $693k and spending of $722k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $442k to $693k (+57%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Day Care Center sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within ME. Charities of a similar size with the same main cause include Michigan Christian Youth Camp ($693k), St Josephs Historic Foundation Inc ($693k) and Ephrata Area Social Services ($693k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $65k (9.0% of expenses). At year end it held assets of $22k against liabilities of $0, net assets of $22k. It reported 15 employees.