Trinity Health Foundation

Analysis

Trinity Health Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1992, 34 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 Foundation reported income of $1.2m and spending of $2.4m, spending 199% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.2m (-26%), an average of -7.1% a year. The sharpest change came in the year to June 2023, when income dropped by 58%. Over the whole period it spent 40% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Health Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 79th percentile within AZ. Charities of a similar size with the same main cause include Brethren Housing Association ($1.2m), Guardian Angels Homes Inc ($1.2m) and International Leadership Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% of the total. At year end it held assets of $44.4m against liabilities of $28k, net assets of $44.4m.