Holy Trinity Baptist Church Enterprises Inc

Analysis

Holy Trinity Baptist Church Enterprises Inc is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in June 2000, 26 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, Holy Trinity Baptist Church Enterprises Inc reported income of $520k and spending of $737k, spending 142% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $224k to $520k (+132%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holy Trinity Baptist Church Enterprises Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Bronx United in Leveraging Dollars Inc ($520k), St Marthas Senior Housingcorporation ($520k) and Morning Star Community NFP Inc ($519k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Other salaries and wages came to $67k. At year end it held assets of $5.1m against liabilities of $5.7m, net assets of -$559k.