Trellis Co

Analysis

Trellis Co is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in September 1991, 35 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trellis Co reported income of $37.0m and spending of $24.0m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $33.2m to $37.0m (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 69%. Over the whole period it spent 70% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trellis Co sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include Blanchard Valley Continuing Care Services ($36.7m), Housing Assistance Corporation ($37.1m) and United Community Housing Coalition ($36.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.2m (5.2% of expenses). Other salaries and wages came to $387k. At year end it held assets of $186.7m against liabilities of $127.8m, net assets of $58.9m. It reported 10 employees.