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Trivium Academy of Classical Education

RegisteredEIN 45-3163780Arroyo Grande, CAEducation and training
Income$10.9m2023-06
Spending$10.5msame year
Spent / received99%5-year average
Size in its cause94th pctEducation and training
Exempt since2012School
Employees136latest return

Analysis

Trivium Academy of Classical Education is a registered charity in United States, based in Arroyo Grande, CA. It received its IRS tax-exemption ruling in July 2012, 14 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 2023, Trivium Academy of Classical Education reported income of $10.9m and spending of $10.5m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.8m to $10.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trivium Academy of Classical Education sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include Alpfa Foundation Inc ($10.9m), Lehigh Valley Charter High School for the Arts ($10.9m) and American College of Sports Medicine Inc ($10.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $493k (4.7% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $3.6m against liabilities of $2.1m, net assets of $1.6m. It reported 136 employees.

Income and spending

$0$2.7m$5.4m$8.2m$10.9m2019 Income: $7,828,9472019 Spending: $7,898,29220192020 Income: $8,214,1272020 Spending: $8,353,01120202021 Income: $8,256,2132021 Spending: $7,867,33120212022 Income: $10,405,1452022 Spending: $10,597,91720222023 Income: $10,890,6352023 Spending: $10,516,2732023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Alpfa Foundation IncAustin$10.9m
Lehigh Valley Charter High School for the ArtsBethlehem$10.9m
American College of Sports Medicine IncIndianapolis$10.9m
Katz Yeshiva High School of South Florida IncBoca Raton$10.9m