Trinity Child Development Center

Analysis

Trinity Child Development Center is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2023, Trinity Child Development Center reported income of $495k and spending of $606k, spending 122% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $503k to $495k (-1.4%), an average of -0.4% a year. The sharpest change came in the year to December 2022, when income rose by 42%. Over the whole period it spent 86% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Child Development Center sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Turning Point Community Development Corporation ($495k), Corridor Christian Early Learning Center ($495k) and Marys Mantle ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $60k (9.8% of expenses). Other salaries and wages came to $389k. At year end it held assets of $588k against liabilities of $37k, net assets of $551k. It reported 15 employees.