Trinity Foundation Inc
Analysis
Trinity Foundation Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in March 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Trinity Foundation Inc reported income of $90k and spending of $85k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $90k (+5.4%), an average of +5.4% a year. Over the whole period it spent 126% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Transformations Thrift Store ($90k), Historic Willamette a Main Street Community ($90k) and Bishop Joseph Ministries International ($90k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $85k against liabilities of $1,219, net assets of $83k.
Income and spending
Where the income comes from
- Contributions & grants 81%
- Other 19%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Transformations Thrift Store | Lincoln | $90k |
| Historic Willamette a Main Street Community | West Linn | $90k |
| Bishop Joseph Ministries International | Rapid City | $90k |
| Hopesprings Counseling Inc | Owens X RDS | $90k |