Trinity Health System

Analysis

Trinity Health System is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 1998, 28 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trinity Health System reported income of $255.8m and spending of $277.1m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $238.0m to $255.8m (+7.5%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Health System sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Florida Hospital Healthcare Partners Inc ($255.7m), Los Angeles Regional Food Bank ($259.2m) and Western University of Health Sciences ($253.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $4.4m (1.6% of expenses). Other salaries and wages came to $113.1m. At year end it held assets of $375.8m against liabilities of $116.8m, net assets of $259.0m. It reported 2,208 employees.