Trinity Broadcasting of Indiana Inc

Analysis

Trinity Broadcasting of Indiana Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 1982, 44 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Broadcasting of Indiana Inc reported income of $501k and spending of $1.1m, spending 213% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $2.6m to $501k (-81%), an average of -42% a year. The sharpest change came in the year to December 2020, when income dropped by 71%. Over the whole period it spent 143% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Broadcasting of Indiana Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 75th percentile within TX. Charities of a similar size with the same main cause include Moving Works ($500k), Prograce International ($501k) and Hope Ministries of Northeast Texas ($500k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1,832. At year end it held assets of $178k against liabilities of $0, net assets of $178k.

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.