Kankakee Trinity Academy

Analysis

Kankakee Trinity Academy is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in January 2003, 23 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 September 2023, Kankakee Trinity Academy reported income of $2.1m and spending of $1.9m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.4m to $2.1m (+50%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Kankakee Trinity Academy sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within IL. Charities of a similar size with the same main cause include An Achievable Dream Middle and High School Inc ($2.1m), Victory Center Inc ($2.1m) and Bainbridge Artisan Resource Network ($2.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 25% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $69k (3.6% of expenses). Other salaries and wages came to $976k. At year end it held assets of $2.4m against liabilities of $2.1m, net assets of $277k. It reported 68 employees.