Trinity Preschool Inc

Analysis

Trinity Preschool Inc is a registered charity in United States, based in Long Lake, MN. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Trinity Preschool Inc reported income of $302k and spending of $353k, spending 117% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $221k to $302k (+37%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Preschool 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 62nd percentile, and in the 61st percentile within MN. Charities of a similar size with the same main cause include American Research Universities - Human Resource Institute ($302k), Lsu Alumni of San Diego Inc ($302k) and Cambio Labs Co ($302k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.7% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $65k (18% of expenses). Other salaries and wages came to $177k. At year end it held assets of $204k against liabilities of $15k, net assets of $189k.