Trinity Center Inc

Analysis

Trinity Center Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in September 1983, 43 years ago. 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 June 2024, Trinity Center Inc reported income of $819k and spending of $744k, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $428k to $819k (+91%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 28%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Center Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Purdue Student Publishing Foundatio N ($818k), Leadershape Incorporated ($819k) and Rio Grande Foundation Inc ($818k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 8.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $116k (16% of expenses). Other salaries and wages came to $500k. At year end it held assets of $348k against liabilities of $62k, net assets of $285k. It reported 20 employees.