Trinity Acres Housing Corporation

Analysis

Trinity Acres Housing Corporation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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 Acres Housing Corporation reported income of $882k and spending of $860k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $882k (-17%), an average of -4.6% a year. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Acres 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 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Daniel James McCarthy Memorial Fund Inc ($882k), Fiscal Policy Institute ($882k) and All Saints Episcopal Day School ($882k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Other salaries and wages came to $230k. At year end it held assets of $714k against liabilities of $192k, net assets of $523k. It reported 8 employees.