Trinity Continuing Care Services

Analysis

Trinity Continuing Care Services is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trinity Continuing Care Services reported income of $83.6m and spending of $92.1m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $143.4m to $83.6m (-42%), an average of -13% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinity Continuing Care Services sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include National Council for Behavioral Health ($83.6m), Trinity Health of the Mid-Atlantic Region ($83.6m) and Mount Sinai Medical Center Foundation Inc ($83.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $703k (0.8% of expenses). Other salaries and wages came to $37.1m. At year end it held assets of $238.7m against liabilities of $384.6m, net assets of -$145.9m. It reported 4,180 employees.