Trinity Baptist College Inc
Analysis
Trinity Baptist College Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2009, 17 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 Baptist College Inc reported income of $5.1m and spending of $5.0m, spending 99% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.9m to $5.1m (+29%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 28%. Over the whole period it spent 94% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Baptist College Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Cultural Arts Academy Charter School at Spring Creek ($5.1m), One Dream at a Time ($5.1m) and Montessori School of McLean ($5.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.3% and program service revenue 94% of the total. At year end it held assets of $7.2m against liabilities of $3.3m, net assets of $3.9m.
Income and spending
Where the income comes from
- Contributions & grants 4.3%
- Program services 94%
- Other 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cultural Arts Academy Charter School at Spring Creek | Brooklyn | $5.1m |
| One Dream at a Time | Seattle | $5.1m |
| Montessori School of McLean | McLean | $5.1m |
| Genesis Apologetics Inc | Folsom | $5.1m |