Trinity Health Foundation

Analysis

Trinity Health Foundation is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in April 1984, 42 years ago. 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, Trinity Health Foundation reported income of $2.2m and spending of $2.4m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $2.2m (+52%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 102%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Health Foundation sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IA. Charities of a similar size with the same main cause include Equip Inc ($2.2m), Montessori School of Huntsville ($2.2m) and City Leadership ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Other salaries and wages came to $248k. It paid $77k in professional fundraising fees. At year end it held assets of $34.5m against liabilities of $799k, net assets of $33.7m.