Blessed Trinity Housing Inc

Analysis

Blessed Trinity Housing Inc is a registered charity in United States, based in St Petersburg, FL. It received its IRS tax-exemption ruling in March 1946, 80 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, Blessed Trinity Housing Inc reported income of $633k and spending of $710k, spending 112% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $538k to $633k (+18%), an average of +4.2% a year. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Blessed Trinity Housing Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within FL. Charities of a similar size with the same main cause include Action for Equity Inc ($633k), Womens Foundation of Oregon ($633k) and Avenida Espana HDC Inc ($633k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. Other salaries and wages came to $110k. At year end it held assets of $2.8m against liabilities of $89k, net assets of $2.7m. It reported 8 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.