Trinity Village Non-Profit Housing Corporation

Analysis

Trinity Village Non-Profit Housing Corporation is a registered charity in United States, based in Muskegon, MI. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Trinity Village Non-Profit Housing Corporation reported income of $136k and spending of $240k, spending 177% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $648k to $136k (-79%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 201%. Over the whole period it spent 73% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trinity Village Non-Profit Housing Corporation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within MI. Charities of a similar size with the same main cause include Esct Austin Housing IV Inc ($136k), Elderly Housing Inc ($136k) and Opportunity Inc ($136k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% of the total. Compensation of current officers, directors and key employees was $39k (16% of expenses). Other salaries and wages came to $23k. At year end it held assets of $317k against liabilities of $3,946, net assets of $313k. It reported 3 employees.