Trolinger House Inc

Analysis

Trolinger House Inc is a registered charity in United States, based in Blacksburg, VA. It received its IRS tax-exemption ruling in September 1981, 45 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Trolinger House Inc reported income of $1.3m and spending of $1.4m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.2m to $1.3m (+12%), an average of +2.9% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trolinger House Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within VA. Charities of a similar size with the same main cause include Esperanza En Escalante ($1.3m), Presbyterian Homes of Decatur Inc ($1.3m) and Unaccompanied Students Initiative ($1.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. At year end it held assets of $1.7m against liabilities of $3.1m, net assets of -$1.4m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.