Trinity House Inc
Analysis
Trinity House Inc is a registered charity in United States, based in Loves Park, IL. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Trinity House Inc reported income of $198k and spending of $219k, spending 111% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $145k to $198k (+36%), an average of +11% a year. The sharpest change came in the year to June 2022, when income rose by 66%. Over the whole period it spent 88% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity House Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Ramp Access Made Possible by Students ($198k), Hope for Orphans USA Inc ($198k) and Family Success Institute a NJ Nonprofit Corporation ($198k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.8% and program service revenue 82% of the total. Other salaries and wages came to $79k. At year end it held assets of $332k against liabilities of $88k, net assets of $243k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.8%
- Program services 82%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Ramp Access Made Possible by Students | Richmond | $198k |
| Hope for Orphans USA Inc | West Paducah | $198k |
| Family Success Institute a NJ Nonprofit Corporation | East Orange | $198k |
| Healthy Steps Diaper Bank | Harrisburg | $198k |