Trinity Village Center

Analysis

Trinity Village Center is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in November 2011, 15 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 Village Center reported income of $483k and spending of $546k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $647k to $483k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2020, when income dropped by 19%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Village Center sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Simple Changes Inc ($483k), Lafayette County Livestock Committee ($483k) and The Youth and Family Project Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $70k (13% of expenses). Other salaries and wages came to $267k. At year end it held assets of $123k against liabilities of $279k, net assets of -$156k. It reported 17 employees.