Trinity Bible College and Graduate School

Analysis

Trinity Bible College and Graduate School is a registered charity in United States, based in Ellendale, ND. It received its IRS tax-exemption ruling in January 1969, 57 years ago. 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 2023, Trinity Bible College and Graduate School reported income of $10.9m and spending of $8.3m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $10.9m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Bible College and Graduate School sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within ND. Charities of a similar size with the same main cause include Frick Art & Historical Center Inc ($10.9m), Lulac National Educational Service Centers Inc ($10.9m) and Arc-King County ($10.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 53% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $288k (3.5% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $20.2m against liabilities of $805k, net assets of $19.4m. It reported 209 employees.