Trocaire College

Analysis

Trocaire College is a registered charity in United States, based in Buffalo, NY. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending May 2024, Trocaire College reported income of $21.1m and spending of $21.1m, spending 100% of its income. Across the 5 years on record, from May 2020 to May 2024, income fell from $24.3m to $21.1m (-13%), an average of -3.5% a year. The sharpest change came in the year to May 2023, when income dropped by 23%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trocaire College sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within NY. Charities of a similar size with the same main cause include Rosemont College of the Holy Child Jesus ($21.1m), Graceland College Center for Prof Dev & Lifelong Learning Inc ($21.1m) and 21st Century Charter School at Gary Inc ($21.1m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 8.8% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $544k (2.6% of expenses). Other salaries and wages came to $9.3m. At year end it held assets of $52.1m against liabilities of $3.0m, net assets of $49.1m. It reported 329 employees.