Heartwood Lodge Trinity Health

Analysis

Heartwood Lodge Trinity Health is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Heartwood Lodge Trinity Health reported income of $9.0m and spending of $9.5m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.5m to $9.0m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Heartwood Lodge Trinity Health 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 95th percentile, and in the 95th percentile within MI. Charities of a similar size with the same main cause include Ohio Laborers Training and Apprenticeship Fund ($9.0m), Boys & Girls Clubs of North Central Illinois Inc ($9.0m) and Hopeworks ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 87% of the total. Other salaries and wages came to $4.3m. At year end it held assets of $7.3m against liabilities of $6.3m, net assets of $1.0m. It reported 167 employees.