Trinity Community Ministries Inc
Analysis
Trinity Community Ministries Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in August 1989, 37 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 (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 2023, Trinity Community Ministries Inc reported income of $723k and spending of $736k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $901k to $723k (-20%), an average of -5.4% a year. The sharpest change came in the year to June 2023, when income rose by 65%. Over the whole period it spent 114% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trinity Community Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include Inrc Services Corp ($723k), High Plains Housing Development Corp ($723k) and Courtyard Affordable Housing Corp ($722k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 1.3% of the total. Other salaries and wages came to $292k. At year end it held assets of $2.0m against liabilities of $18k, net assets of $2.0m. It reported 11 employees.
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.
Income and spending
Where the income comes from
- Contributions & grants 82%
- Program services 1.3%
- Other 17%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Inrc Services Corp | Holtsville | $723k |
| High Plains Housing Development Corp | Greeley | $723k |
| Courtyard Affordable Housing Corp | Augusta | $722k |
| Milpitas Housing Inc | San Francisco | $723k |