Trinity in Home Care Inc

Analysis

Trinity in Home Care Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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 2022, Trinity in Home Care Inc reported income of $1.1m and spending of $1.1m, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $848k to $1.1m (+27%), an average of +8.2% a year. The sharpest change came in the year to December 2022, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity in Home Care Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KS. Charities of a similar size with the same main cause include Sauk Prairie Memorial Hospital Foundation Ltd ($1.1m), Howard County Child Care Association ($1.1m) and The Shepherds Center of Hamilton County Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $72k (6.6% of expenses). Other salaries and wages came to $654k. At year end it held assets of $358k against liabilities of $60k, net assets of $298k. It reported 81 employees.