Trinity Faiths Place Inc

Analysis

Trinity Faiths Place Inc is a registered charity in United States, based in Desoto, TX. It received its IRS tax-exemption ruling in November 2019, 7 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 Faiths Place Inc reported income of $860k and spending of $841k, spending 98% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $817k to $860k (+5.3%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Faiths Place Inc 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 77th percentile, and in the 82nd percentile within TX. Charities of a similar size with the same main cause include Next Child Fund Inc ($860k), Aaron Nutritional Services Inc ($860k) and Just Friends Inc ($860k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $98k. At year end it held assets of $32k against liabilities of $12k, net assets of $20k. It reported 4 employees.