Trinity Housing Corporation of Greeley

Analysis

Trinity Housing Corporation of Greeley is a registered charity in United States, based in Greeley, CO. It received its IRS tax-exemption ruling in April 2002, 24 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 October 2023, Trinity Housing Corporation of Greeley reported income of $1.5m and spending of $1.5m, spending 100% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $1.3m to $1.5m (+11%), an average of +2.6% a year. The sharpest change came in the year to October 2023, when income rose by 16%. Over the whole period it spent 105% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trinity Housing Corporation of Greeley sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 83rd percentile within CO. Charities of a similar size with the same main cause include Pacific Estates Residence Association ($1.5m), United Helpers Independent Living Corporation ($1.5m) and Elmwood Park Senior Complex Inc ($1.5m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $251k. At year end it held assets of $2.7m against liabilities of $2.0m, net assets of $657k. It reported 13 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.