Trivium Academy of Classical Education
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
Where the income comes from
- Contributions & grants 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Alpfa Foundation Inc | Austin | $10.9m |
| Lehigh Valley Charter High School for the Arts | Bethlehem | $10.9m |
| American College of Sports Medicine Inc | Indianapolis | $10.9m |
| Katz Yeshiva High School of South Florida Inc | Boca Raton | $10.9m |