Holy Trinity Properties Inc

Analysis

Holy Trinity Properties Inc is a registered charity in United States, based in Georgetown, KY. It received its IRS tax-exemption ruling in March 1987, 39 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Holy Trinity Properties Inc reported income of $195k and spending of $215k, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $176k to $195k (+11%), an average of +2.6% a year. Over the whole period it spent 106% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holy Trinity Properties Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within KY. Charities of a similar size with the same main cause include Magnolia Tree Apartments Inc ($195k), Family Gateway Affordable Housing Inc ($195k) and Independence Hill Inc ($195k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $24k. At year end it held assets of $271k against liabilities of $670k, net assets of -$399k.