Trine University Inc

Analysis

Trine University Inc is a registered charity in United States, based in Angola, IN. It received its IRS tax-exemption ruling in April 1948, 78 years ago. 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), and contributions to it are listed as tax-deductible.

In the financial year ending April 2024, Trine University Inc reported income of $211.6m and spending of $151.0m, leaving 29% of income unspent that year. Across the 4 years on record, from April 2021 to April 2024, income grew from $121.9m to $211.6m (+74%), an average of +20% a year. The sharpest change came in the year to April 2023, when income rose by 37%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trine University Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include University of Georgia Athletic Association Inc ($210.7m), Corporation of Haverford College ($211.7m) and University of LA Verne ($210.2m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 6.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.8m (1.2% of expenses). Other salaries and wages came to $40.6m. At year end it held assets of $364.7m against liabilities of $41.0m, net assets of $323.7m. It reported 1,803 employees.