Trinity Oaks Christian Academy

Analysis

Trinity Oaks Christian Academy is a registered charity in United States, based in Cary, IL. It received its IRS tax-exemption ruling in January 1996, 30 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 June 2024, Trinity Oaks Christian Academy reported income of $3.1m and spending of $2.7m, spending 87% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.6m to $3.1m (+92%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 47%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Oaks Christian Academy sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Little Black Pearl Workshop ($3.1m), Countryside School of Champaign- Urbana Inc ($3.1m) and Trinity Christian School Non-Profit Corporation ($3.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 19% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $117k (4.3% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $3.9m against liabilities of $1.9m, net assets of $2.0m. It reported 64 employees.