Trinity Rescue Mission Incorporated

Analysis

Trinity Rescue Mission Incorporated is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in November 1963, 63 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Trinity Rescue Mission Incorporated reported income of $1.8m and spending of $1.8m, spending 98% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $1.8m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Rescue Mission Incorporated sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within FL. Charities of a similar size with the same main cause include Cumberland Heights Professional Associates Inc ($1.8m), Baptist Missionary Association Theological Seminary ($1.8m) and Federation for Jewish Philanthropy of Upper Fairfield County Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 76% and program service revenue 22% of the total. Other salaries and wages came to $639k. At year end it held assets of $1.7m against liabilities of $2.3m, net assets of -$563k.