Life in the Trinity Ministry

Analysis

Life in the Trinity Ministry is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Life in the Trinity Ministry reported income of $419k and spending of $431k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $653k to $419k (-36%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Life in the Trinity Ministry sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Endurance Leadership Inc ($419k), Dar-Ul-Madinah ($419k) and Embracing the Journey Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $11k (2.6% of expenses). Other salaries and wages came to $167k. At year end it held assets of $255k against liabilities of $17k, net assets of $239k. It reported 3 employees.