Trinity Learning Center
Analysis
Trinity Learning Center is a registered charity in United States, based in Hartford, SD. It received its IRS tax-exemption ruling in July 1941, 85 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Trinity Learning Center reported income of $302k and spending of $335k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $341k to $302k (-12%), an average of -3.1% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 94% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Learning Center sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within SD. Charities of a similar size with the same main cause include Shasta County Arts Council ($302k), Waterbury Ballet Company ($302k) and Garrett County Habitat for Humanity Inc ($302k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.1% and program service revenue 98% of the total. Other salaries and wages came to $243k. At year end it held assets of $152k against liabilities of $0, net assets of $152k. It reported 23 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.1%
- Program services 98%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Shasta County Arts Council | Redding | $302k |
| Waterbury Ballet Company | Middlebury | $302k |
| Garrett County Habitat for Humanity Inc | Oakland | $302k |
| Islamic American Society of Connecticut | Waterbury | $302k |