Trinity Episcopal School

Analysis

Trinity Episcopal School is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 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 Episcopal School reported income of $13.3m and spending of $12.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.4m to $13.3m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Episcopal School sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NC. Charities of a similar size with the same main cause include Instituto Modelo Ensenanza Individualizada Inc ($13.3m), Inspire Academics Inc ($13.3m) and Pennsylvania Institue of Technology ($13.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $468k (3.7% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $41.4m against liabilities of $3.3m, net assets of $38.1m. It reported 139 employees.