Holy Trinity Drive Land Corporation

Analysis

Holy Trinity Drive Land Corporation is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Holy Trinity Drive Land Corporation reported income of $52k and spending of $1,230, leaving 98% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.6m to $52k (-98%), an average of -62% a year. The sharpest change came in the year to June 2021, when income rose by 172%. Over the whole period it spent 0.7% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holy Trinity Drive Land Corporation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within LA. Charities of a similar size with the same main cause include Theatre Guild of Elk City ($52k), Al-Anon-Alateen North Jersey Information Services Inc ($52k) and Veterans Time to Thrive Inc ($52k).

At year end it held assets of $3.3m against liabilities of $665k, net assets of $2.7m.