Trio Wolf Creek Distance Learning

Analysis

Trio Wolf Creek Distance Learning is a registered charity in United States, based in Chisago City, MN. It received its IRS tax-exemption ruling in March 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Trio Wolf Creek Distance Learning reported income of $2.9m and spending of $2.2m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.9m (+31%), an average of +7.0% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trio Wolf Creek Distance Learning sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within MN. Charities of a similar size with the same main cause include Swallowtail School Inc ($2.9m), Ohio Chapter American Academy of Pediatrics ($2.9m) and Nursing Practice Corporation ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $415k (19% of expenses). Other salaries and wages came to $668k. At year end it held assets of $3.7m against liabilities of $2.4m, net assets of $1.4m. It reported 28 employees.