Cumberland Rest Home Trinity Terrace

Analysis

Cumberland Rest Home Trinity Terrace is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 1943, 83 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Cumberland Rest Home Trinity Terrace reported income of $43.7m and spending of $40.8m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $38.4m to $43.7m (+14%), an average of +3.3% a year. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cumberland Rest Home Trinity Terrace sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Grand Street Settlement Inc ($43.6m), Casa de Las Campanas Inc ($43.8m) and Depelchin Childrens Center ($43.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $593k (1.5% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $310.0m against liabilities of $189.1m, net assets of $121.0m. It reported 285 employees.