Trellis Apartments Inc

Analysis

Trellis Apartments Inc is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in November 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Trellis Apartments Inc reported income of $188k and spending of $182k, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $158k to $188k (+20%), an average of +4.6% a year. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trellis Apartments Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 58th percentile within SC. Charities of a similar size with the same main cause include A Broader View Volunteers Corp ($188k), Conflict Resolution Services Inc ($188k) and Crawford County Community Christian Help Center ($188k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 52% of the total. Other salaries and wages came to $8,647. At year end it held assets of $514k against liabilities of $35k, net assets of $479k.