Providence Trinitycare Hospice Foundation
Analysis
Providence Trinitycare Hospice Foundation is a registered charity in United States, based in Torrance, CA. It received its IRS tax-exemption ruling in December 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Providence Trinitycare Hospice Foundation reported income of $4.8m and spending of $4.4m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $4.8m (+53%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 96%. Over the whole period it spent 96% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Providence Trinitycare Hospice Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include Rian Immigrant Center Inc ($4.8m), Lifeline for the Empowerment & Development of Consumers Inc ($4.8m) and Bloom Our Youth Inc ($4.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $673k. At year end it held assets of $16.0m against liabilities of $103k, net assets of $15.9m.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Other 14%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rian Immigrant Center Inc | Boston | $4.8m |
| Lifeline for the Empowerment & Development of Consumers Inc | Painesville | $4.8m |
| Bloom Our Youth Inc | Fayetteville | $4.8m |
| Catholic Charities of the Diocese of Winona-Rochester | Winona | $4.8m |