Durham Trinity Corporation

Analysis

Durham Trinity Corporation is a registered charity in United States, based in Tolland, CT. It received its IRS tax-exemption ruling in May 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Durham Trinity Corporation reported income of $287k and spending of $328k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $287k (-19%), an average of -5.0% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Durham Trinity Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 58th percentile within CT. Charities of a similar size with the same main cause include Lowcountry Housing & Redevelopment Corporation ($287k), Tentmakers Inc ($287k) and Chadwick Apartments Inc ($287k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. At year end it held assets of $2.0m against liabilities of $967k, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.