Trinity Health Systems Inc

Analysis

Trinity Health Systems Inc is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in June 1984, 42 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Systems Inc reported income of $3.4m and spending of $3.4m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.4m (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 30%. Over the whole period it spent 123% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinity Health Systems Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within IA. Charities of a similar size with the same main cause include Coalition of Health Services Inc ($3.4m), St Louis Integrated Health Network ($3.4m) and Special Friends Foundation Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $1.3m (39% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $31.6m against liabilities of $1.1m, net assets of $30.5m.