Trinity Building Corporation

Analysis

Trinity Building Corporation is a registered charity in United States, based in Greensboro, NC. It received its IRS tax-exemption ruling in October 1991, 35 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Trinity Building Corporation reported income of $1.2m and spending of $1.3m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.2m (+5.1%), an average of +1.2% a year. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Building Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Lighthouse Media Na Inc ($1.2m), Navajo Evangelical Lutheran Mission Inc ($1.2m) and Mary TV Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. At year end it held assets of $7.6m against liabilities of $9.9m, net assets of -$2.2m.

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.