Trinity Credit Counseling Inc

Analysis

Trinity Credit Counseling Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Trinity Credit Counseling Inc reported income of $5.4m and spending of $5.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.0m to $5.4m (-8.8%), an average of -2.3% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Credit Counseling Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Domus Vita ($5.4m), Amara ($5.4m) and Armstrong Care Inc ($5.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Compensation of current officers, directors and key employees was $349k (6.4% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $8.8m against liabilities of $1.8m, net assets of $7.0m.