Trinity Visions Community Development Corp Inc

Analysis

Trinity Visions Community Development Corp Inc is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in July 2018, 8 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 Visions Community Development Corp Inc reported income of $587k and spending of $563k, spending 96% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $238k to $587k (+147%), an average of +35% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trinity Visions Community Development Corp Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include Friendship House Inc ($587k), Northern Nevada Dream Center ($587k) and Gios Garden Inc ($587k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $9,895 (1.8% of expenses). Other salaries and wages came to $234k. At year end it held assets of $590k against liabilities of $2,751, net assets of $587k. It reported 27 employees.