Trinity Hospital Twin City

Analysis

Trinity Hospital Twin City is a registered charity in United States, based in Dennison, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trinity Hospital Twin City reported income of $25.0m and spending of $27.6m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $20.9m to $25.0m (+20%), an average of +6.1% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Hospital Twin City sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include The Help Group Child and Family Center ($25.0m), Volunteers of America Inc ($25.0m) and Mfi Recovery Center ($25.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $730k (2.6% of expenses). Other salaries and wages came to $10.1m. At year end it held assets of $19.7m against liabilities of $14.0m, net assets of $5.7m. It reported 260 employees.