Trinity Methodist Church Apts Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
THE ORGANIZATION OWNS AND OPERATES AN APARTMENT COMMUNITY LOCATED IN CAMDEN, SC. THE COMMUNITY WAS ORGANIZED UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT (AS AMENDED) TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES. THE ORGANIZATION IS AN APARTMENT COMMUNITY CONTAINING 50 RENTAL UNITS WHICH COMPRISE 96 BEDROOMS AND IS BASED ON TYPICAL APARTMENT OCCUPANCY LIMITS. TRINITY METHODIST CHURCH APARTMENTS INC IS HOME TO MORE THAN 193 PERSONS WHEN FULLY OCCUPIED. THE ORGANIZATION PROVIDES RENTAL SUBSIDIES TO RENTERS. THE TYPE OF SUBSIDY PROVIDED TO APARTMENT RENTERS BY THIS PROPERTY IS PROJECT BASED SEC 8. THIS SUBSIDY ALLOWS THE RENTER TO PAY 30% OF HIS OR HER INCOME FOR RENT WHILE THE SUBSIDY PAYS THE DIFFERENCE.
- Income
- $505,362
- Spending
- $583,809
- Spent on programs
- 67%
- Reserves
- -7 months of spending
- Largest source of income
- government grants, 71%
- Employees
- 2
- Volunteers
- 0
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 30 out of 100. Higher than 8% of charities in its peer group (housing, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 104% of what it owns.
Living within its means
0 of 15Spending exceeded income by 16% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
15 of 1567% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 65 out of 100. Higher than 24% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $388,351 spent. THE ORGANIZATION OWNS AND OPERATES AN APARTMENT COMMUNITY LOCATED IN CAMDEN, SC. THE COMMUNITY WAS ORGANIZED UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT (AS AMENDED) TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES. THE ORGANIZATION IS AN APARTMENT COMMUNITY CONTAINING 50 RENTAL UNITS WHICH COMPRISE 96 BEDROOMS AND IS BASED ON TYPICAL APARTMENT OCCUPANCY LIMITS. TRINITY METHODIST CHURCH APARTMENTS INC IS HOME TO MORE THAN 193 PERSONS WHEN FULLY OCCUPIED. THE ORGANIZATION PROVIDES RENTAL SUBSIDIES TO RENTERS. THE TYPE OF SUBSIDY PROVIDED TO APARTMENT RENTERS BY THIS PROPERTY IS PROJECT BASED SEC 8. THIS SUBSIDY ALLOWS THE RENTER TO PAY 30% OF HIS OR HER INCOME FOR RENT WHILE THE SUBSIDY PAYS THE DIFFERENCE.
Source: Form 990 for the year ending March 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on August 15, 2019 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending March 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.