Trinity Sober Homes

Analysis

Trinity Sober Homes is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in April 2012, 14 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, Trinity Sober Homes reported income of $526k and spending of $479k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $377k to $526k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trinity Sober Homes sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MN. Charities of a similar size with the same main cause include The Salvation Army Denver Residences Inc ($526k), Halfmoon Housing Development Fund Company Inc ($526k) and Habitat for Humanity International Inc ($526k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $9,543 (2.0% of expenses). Other salaries and wages came to $15k. At year end it held assets of $1.9m against liabilities of $1.5m, net assets of $459k. It reported 3 employees.