Trinitas Healthcare Corporation
Trinitas Healthcare Corporation: Strong Financials, High Program Spending
EIN: 222473652 · Oceanport, NJ · NTEE: E320 · Updated: 2026-04-04
Is Trinitas Healthcare Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trinitas Healthcare Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trinitas Healthcare Corporation
Trinitas Healthcare Corporation (EIN: 222473652) is a nonprofit organization based in Oceanport, NJ, classified under NTEE code E320. The organization reported total revenue of $154K and total assets of $126K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trinitas Healthcare Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trinitas Healthcare Corporation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Trinitas Healthcare Corporation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no compensation from related organizations, which is a positive indicator for independent governance.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Trinitas Healthcare Corporation:
- Consistently high program spending, with 90% of expenditures directed towards programs.
- Significant growth in total assets from $4,771,809 in 2016 to $13,018,115 in 2023.
- Strong revenue growth, increasing from $5,788,919 in 2016 to $6,892,715 in 2023.
Frequently Asked Questions about Trinitas Healthcare Corporation
Is Trinitas Healthcare Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Trinitas Healthcare Corporation (EIN: 222473652) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Trinitas Healthcare Corporation spend its money?
Trinitas Healthcare Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trinitas Healthcare Corporation tax-deductible?
Trinitas Healthcare Corporation is registered as a tax-exempt nonprofit (EIN: 222473652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Trinitas Healthcare Corporation do?
Trinitas Healthcare Corporation is a nonprofit organization in the Health Care sector, located in Oceanport, New Jersey. It is classified under NTEE code E320.
How much revenue does Trinitas Healthcare Corporation have?
Trinitas Healthcare Corporation reported total revenue of $153,810. Based on 13 IRS 990 filings on record.
What are Trinitas Healthcare Corporation's total assets?
Trinitas Healthcare Corporation holds total assets of $126,110 as reported in IRS 990 filings.
Where is Trinitas Healthcare Corporation located?
Trinitas Healthcare Corporation is based in Oceanport, New Jersey.
What is Trinitas Healthcare Corporation's EIN?
Trinitas Healthcare Corporation's Employer Identification Number (EIN) is 222473652. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Trinitas Healthcare Corporation?
Trinitas Healthcare Corporation is classified under NTEE code E320 (Health Care).
Is Trinitas Healthcare Corporation a registered 501(c)(3)?
Yes, Trinitas Healthcare Corporation is recognized as a tax-exempt organization by the IRS. EIN: 222473652.
Does Trinitas Healthcare Corporation file IRS Form 990?
Yes, Trinitas Healthcare Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Trinitas Healthcare Corporation's revenue in 2023?
In the 202312 filing period, Trinitas Healthcare Corporation reported total revenue of $6,892,715, total expenses of $6,162,236, and net assets of $13,018,115.
Is Trinitas Healthcare Corporation's revenue growing or declining?
Trinitas Healthcare Corporation's revenue is growing. Revenue went from $6,263,884 (202212) to $6,892,715 (202312), a +10.0% change. Based on 13 filings on record.
What is Trinitas Healthcare Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Trinitas Healthcare Corporation covers tax period 202312. It shows revenue of $6,892,715, expenses of $6,162,236, total assets of $13,018,115, and liabilities of $6,451,295.
How much does Trinitas Healthcare Corporation spend on programs vs administration?
Based on IRS 990 analysis, Trinitas Healthcare Corporation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Trinitas Healthcare Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Trinitas Healthcare Corporation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Trinitas Healthcare Corporation's strengths?
Positive indicators for Trinitas Healthcare Corporation include: Consistently high program spending, with 90% of expenditures directed towards programs.. Significant growth in total assets from $4,771,809 in 2016 to $13,018,115 in 2023.. Strong revenue growth, increasing from $5,788,919 in 2016 to $6,892,715 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Trinitas Healthcare Corporation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'c0%' in filings suggests no compensation from related organizations, which is a positive indicator for independent governance. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has Trinitas Healthcare Corporation managed to achieve such a high program spending percentage while also significantly growing its assets?
The data indicates that Trinitas Healthcare Corporation has consistently allocated a large portion of its expenses to programs (implied by high 'p' score). The growth in assets, from $4,771,809 in 2016 to $13,018,115 in 2023, suggests effective financial management and potentially successful fundraising or investment strategies that allow for both operational impact and balance sheet strengthening.
Filing History
IRS 990 filing history for Trinitas Healthcare Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trinitas Healthcare Corporation's revenue has grown by 36.2%, moving from $5.1M to $6.9M. Total assets increased by 216.9% over the same period, from $4.1M to $13.0M. Total functional expenses rose by 20.2%, from $5.1M to $6.2M. In its most recent filing year (2023), Trinitas Healthcare Corporation reported a surplus of $730K, with revenue exceeding expenses. The organization holds $6.5M in liabilities against $13.0M in assets (debt-to-asset ratio: 49.6%), resulting in net assets of $6.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.9M | $6.2M | $13.0M | $6.5M | — | — |
| 2022 | $6.3M | $5.7M | $6.1M | $232K | — | View 990 |
| 2021 | $5.9M | $5.2M | $5.4M | $223K | — | View 990 |
| 2020 | $5.4M | $5.2M | $4.9M | $169K | — | View 990 |
| 2019 | $6.2M | $5.8M | $5.6M | $197K | — | View 990 |
| 2018 | $5.4M | $5.3M | $5.3M | $238K | — | View 990 |
| 2017 | $5.7M | $5.3M | $5.1M | $197K | — | View 990 |
| 2016 | $5.8M | $5.4M | $4.8M | $194K | — | View 990 |
| 2015 | $5.6M | $5.2M | $4.3M | $179K | — | View 990 |
| 2014 | $5.3M | $4.9M | $3.9M | $228K | — | View 990 |
| 2013 | $5.1M | $5.8M | $3.5M | $167K | — | View 990 |
| 2012 | $5.0M | $4.7M | $4.4M | $397K | — | View 990 |
| 2011 | $5.1M | $5.1M | $4.1M | $387K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.9M, expenses of $6.2M, and assets of $13.0M (revenue +10.0% year-over-year).
- 2022: Revenue of $6.3M, expenses of $5.7M, and assets of $6.1M (revenue +6.7% year-over-year).
- 2021: Revenue of $5.9M, expenses of $5.2M, and assets of $5.4M (revenue +7.8% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.2M, and assets of $4.9M (revenue -11.6% year-over-year).
- 2019: Revenue of $6.2M, expenses of $5.8M, and assets of $5.6M (revenue +14.8% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.3M, and assets of $5.3M (revenue -5.7% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.3M, and assets of $5.1M (revenue -1.7% year-over-year).
- 2016: Revenue of $5.8M, expenses of $5.4M, and assets of $4.8M (revenue +2.5% year-over-year).
- 2015: Revenue of $5.6M, expenses of $5.2M, and assets of $4.3M (revenue +6.8% year-over-year).
- 2014: Revenue of $5.3M, expenses of $4.9M, and assets of $3.9M (revenue +3.5% year-over-year).
- 2013: Revenue of $5.1M, expenses of $5.8M, and assets of $3.5M (revenue +2.6% year-over-year).
- 2012: Revenue of $5.0M, expenses of $4.7M, and assets of $4.4M (revenue -1.6% year-over-year).
- 2011: Revenue of $5.1M, expenses of $5.1M, and assets of $4.1M.
Data Sources and Methodology
This transparency report for Trinitas Healthcare Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.