Trinity Homes Inc

Analysis

Trinity Homes Inc is a registered charity in United States, based in Manning, SC. It received its IRS tax-exemption ruling in March 1997, 29 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 2024, Trinity Homes Inc reported income of $102k and spending of $135k, spending 132% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $95k to $102k (+7.2%), an average of +1.8% a year. Over the whole period it spent 127% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Trinity Homes Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 43rd percentile within SC. Charities of a similar size with the same main cause include Willo Housing Corporation ($102k), Bridgeway Kewanee 04 NFP ($102k) and Housing Opportunities Corporation of Potter County ($102k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 42% of the total. Other salaries and wages came to $9,000. At year end it held assets of $162k against liabilities of $52k, net assets of $110k.

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.