Holy Trinity Villa Inc

Analysis

Holy Trinity Villa Inc is a registered charity in United States, based in Opelousas, LA. It received its IRS tax-exemption ruling in January 1980, 46 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Holy Trinity Villa Inc reported income of $854k and spending of $907k, spending 106% of what it took in. Across the 4 years on record, from March 2020 to March 2023, income grew from $829k to $854k (+3.0%), an average of +1.0% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Holy Trinity Villa Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within LA. Charities of a similar size with the same main cause include Redbanks Regency Apartments Inc ($854k), Housing Opportunities Inc ($854k) and Centennial Housing Corp ($853k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 68% and program service revenue 32% of the total. Other salaries and wages came to $185k. At year end it held assets of $1.7m against liabilities of $3.1m, net assets of -$1.3m. It reported 4 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.