Trinity Academy Incorporated

Analysis

Trinity Academy Incorporated is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in October 1998, 28 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 Incorporated reported income of $10.5m and spending of $9.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.4m to $10.5m (+24%), an average of +5.5% a year. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Academy Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KS. Charities of a similar size with the same main cause include Philadelphia Technician Training Inc ($10.4m), North Carolina Leadership Charter Academy Incorporated ($10.5m) and Alliance for Progress Charter School Inc ($10.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $156k (1.7% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $31.6m against liabilities of $4.2m, net assets of $27.4m. It reported 146 employees.