Trinity Academy

Analysis

Trinity Academy is a registered charity in United States, based in Industry, IL. It received its IRS tax-exemption ruling in September 2014, 12 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, Trinity Academy reported income of $516k and spending of $549k, spending 106% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $365k to $516k (+41%), an average of +12% a year. The sharpest change came in the year to June 2021, when income rose by 55%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Academy sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within IL. Charities of a similar size with the same main cause include Senior Action Inc ($516k), Starke County Initiative for Life Long Learning ($517k) and American Friends of Meorot Yerushalayim Inc ($516k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.4% and program service revenue 93% of the total. Other salaries and wages came to $383k. At year end it held assets of $306k against liabilities of $0, net assets of $306k. It reported 25 employees.