Trochia Ministries

Analysis

Trochia Ministries is a registered charity in United States, based in Newport Beach, CA. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Trochia Ministries reported income of $487k and spending of $467k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $167k to $487k (+193%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 147%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trochia Ministries sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Awakening Ministries International ($487k), Infaith Foundation ($487k) and Eastern Community Church ($487k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Other salaries and wages came to $9,150. At year end it held assets of $863k against liabilities of $12k, net assets of $851k. It reported 1 employees.