Trinity Family Community Development Corporation

Analysis

Trinity Family Community Development Corporation is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Trinity Family Community Development Corporation reported income of $154k and spending of $142k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $140k to $154k (+11%), an average of +11% a year. Over the whole period it spent 104% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Trinity Family Community Development Corporation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within AL. Charities of a similar size with the same main cause include Carbondale Main Street ($154k), Elm Ave Coworking ($154k) and Corner Community Center Inc ($154k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.