Trinity Community Housing Corporation

Analysis

Trinity Community Housing Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in August 1983, 43 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 Community Housing Corporation reported income of $1.3m and spending of $1.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-6.7%), an average of -1.7% a year. The sharpest change came in the year to December 2020, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trinity Community Housing Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within IL. Charities of a similar size with the same main cause include Affordable Housing Action Board of Springfield Inc ($1.3m), Bnai Brith Covenant House of Tucson Arizona Inc ($1.3m) and Little Manatee Housing Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $264k. At year end it held assets of $933k against liabilities of $3.5m, net assets of -$2.6m. It reported 11 employees.