Trinity Home Health Services

Analysis

Trinity Home Health 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 Home Health Services reported income of $154.3m and spending of $155.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $129.1m to $154.3m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinity Home Health Services sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MI. Charities of a similar size with the same main cause include Central City Concern Inc ($154.3m), Redington-Fairview General Hospital ($154.5m) and Bloodworks ($154.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.0m (1.3% of expenses). Other salaries and wages came to $100.4m. At year end it held assets of $106.6m against liabilities of $67.9m, net assets of $38.6m. It reported 2,364 employees.