Trinity Housing Resources Inc
Analysis
Trinity Housing Resources Inc is a registered charity in United States, based in West Allis, WI. It received its IRS tax-exemption ruling in October 2007, 19 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Trinity Housing Resources Inc reported income of $486k and spending of $302k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $486k (+23%), an average of +5.3% a year. Over the whole period it spent 63% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trinity Housing Resources Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within WI. Charities of a similar size with the same main cause include Rph-East Inc ($486k), Cedar Park Place ($486k) and Mercy Moscow Incorporated ($486k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $26k (8.6% of expenses). Other salaries and wages came to $35k. At year end it held assets of $4.9m against liabilities of $2.8m, net assets of $2.1m.
Income and spending
Where the income comes from
- Contributions & grants 39%
- Program services 27%
- Other 34%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rph-East Inc | Rochester | $486k |
| Cedar Park Place | Denver | $486k |
| Mercy Moscow Incorporated | Denver | $486k |
| Public Safety Acadmey Housing Inc | Havana | $486k |