Trivium Life Services

Analysis

Trivium Life Services is a registered charity in United States, based in Council Bluffs, IA. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover employment, which this site groups under community and economic development. 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, Trivium Life Services reported income of $36.7m and spending of $38.4m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.1m to $36.7m (+92%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trivium Life Services 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 IA. Charities of a similar size with the same main cause include The Bottom Line Inc ($36.5m), Unified Housing Foundation Inc ($36.8m) and Northern Kentucky Area Developement District ($36.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Other salaries and wages came to $22.0m. At year end it held assets of $27.0m against liabilities of $19.8m, net assets of $7.2m. It reported 636 employees.