Trilogy Inc

Analysis

Trilogy Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 2023, Trilogy Inc reported income of $50.8m and spending of $46.0m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.5m to $50.8m (+91%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trilogy Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Ontario Educational Communications Authority ($50.7m), Columbus Ambulatory Healthcare Services Inc ($50.9m) and Science Academies of New York Charter Schools ($50.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 38% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $1.1m (2.4% of expenses). Other salaries and wages came to $30.0m. At year end it held assets of $21.0m against liabilities of $5.9m, net assets of $15.0m. It reported 629 employees.