Trinity Broadcasting of Washington

Analysis

Trinity Broadcasting of Washington is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in October 1977, 49 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 Broadcasting of Washington reported income of $1.6m and spending of $3.2m, spending 198% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.7m to $1.6m (-56%), an average of -19% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Trinity Broadcasting of Washington sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within TX. Charities of a similar size with the same main cause include Greater Reach Inc ($1.6m), Care Center Ministries Inc ($1.6m) and Camp Wojtyla Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $85k. At year end it held assets of $953k against liabilities of $1,467, net assets of $951k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.