Trio Homeless Ministries Inc

Analysis

Trio Homeless Ministries Inc is a registered charity in United States, based in Greenwood, IN. It received its IRS tax-exemption ruling in October 2022, 4 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, Trio Homeless Ministries Inc reported income of $408k and spending of $435k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $408k (+281%), an average of +281% a year. The sharpest change came in the year to December 2023, when income rose by 281%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Trio Homeless Ministries Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include 3e Restoration Inc ($408k), Friends of the Longmont Senior Center Inc ($408k) and Ashler Inc ($408k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $3,703 against liabilities of $16k, net assets of -$13k.