Trinity Homescool Depot Inc
Analysis
Trinity Homescool Depot Inc is a registered charity in United States, based in Powder SPGS, GA. It received its IRS tax-exemption ruling in October 2006, 20 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 2022, Trinity Homescool Depot Inc reported income of $703k and spending of $674k, spending 96% of its income. Across the 5 years on record, from December 2018 to December 2022, income grew from $512k to $703k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Homescool Depot Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 79th percentile within GA. Charities of a similar size with the same main cause include American Friends of Ish El Rayahu ($703k), Muslims for Progressive Values Inc ($704k) and Christ Counseling Ministry Inc ($703k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $39k (5.8% of expenses). Other salaries and wages came to $290k. At year end it held assets of $224k against liabilities of $24k, net assets of $200k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 99%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Friends of Ish El Rayahu | Lakewood | $703k |
| Muslims for Progressive Values Inc | Los Angeles | $704k |
| Christ Counseling Ministry Inc | Wichita Falls | $703k |
| One Voice Student Missions | Anna | $704k |