Trinity Health Foundation of East Tennessee

Analysis

Trinity Health Foundation of East Tennessee is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trinity Health Foundation of East Tennessee reported income of $1.2m and spending of $1.7m, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 101% 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 Foundation of East Tennessee sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Telluride Medical Center Foundation ($1.2m), Post-Garza Co Ems ($1.2m) and Cobb Pregnancy Services Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% of the total. Other salaries and wages came to $104k. At year end it held assets of $31.2m against liabilities of $691k, net assets of $30.5m. It reported 2 employees.