Holy Trinity Monastery

Analysis

Holy Trinity Monastery is a registered charity in United States, based in Milligan, TN. It received its IRS tax-exemption ruling in July 2014, 12 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, Holy Trinity Monastery reported income of $53k and spending of $41k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $63k to $53k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Holy Trinity Monastery sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Love Inc of Hardin County ($53k), Total Life Impact Ministries Inc ($53k) and Bright Tomorrows Fellowship Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.