Trinity Broadcasting of Florida Inc

Analysis

Trinity Broadcasting of Florida Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 1980, 46 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Trinity Broadcasting of Florida Inc reported income of $133k and spending of $15.4m, spending 11514% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.1m to $133k (-97%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 98%. Over the whole period it spent 272% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Broadcasting of Florida Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Teammates in Ministry Inc ($133k), Strong Christian Cross ($133k) and Connect NYC Ministries Inc ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 522% and program service revenue 816% of the total. Other salaries and wages came to $300k. At year end it held assets of $37.0m against liabilities of $123k, net assets of $36.9m.