Trinity United Methodist Church Foundation Inc
Analysis
Trinity United Methodist Church Foundation Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in June 1971, 55 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, Trinity United Methodist Church Foundation Inc reported income of $276k and spending of $170k, leaving 39% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $157k to $276k (+76%), an average of +21% a year. The sharpest change came in the year to December 2020, when income dropped by 122%. Over the whole period it spent 66% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity United Methodist Church Foundation Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Hayfork Senior Nutrition Center Coral St ($276k), Casa de Shanti ($276k) and Lakefront Senior Residences Inc ($276k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 29% of the total. At year end it held assets of $3.5m against liabilities of $0, net assets of $3.5m.
Income and spending
Where the income comes from
- Contributions & grants 29%
- Other 71%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hayfork Senior Nutrition Center Coral St | Hayfork | $276k |
| Casa de Shanti | Denver | $276k |
| Lakefront Senior Residences Inc | Wichita | $276k |
| Lincoln County Historical Association Inc | Lincolnton | $276k |