Trinity Collegiate School
Analysis
Trinity Collegiate School is a registered charity in United States, based in Darlington, SC. It received its IRS tax-exemption ruling in June 1995, 31 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 Collegiate School reported income of $5.0m and spending of $5.7m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.9m to $5.0m (+29%), an average of +6.7% a year. The sharpest change came in the year to June 2022, when income rose by 47%. Over the whole period it spent 98% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Collegiate School sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 94th percentile within SC. Charities of a similar size with the same main cause include Trinity Academy for the Performing Arts ($5.0m), Bishop McCort Catholic High School Inc ($5.0m) and Newmark High School Inc ($5.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $179k (3.2% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $6.3m against liabilities of $4.7m, net assets of $1.6m. It reported 91 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.0%
- Program services 89%
- Other 4.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Trinity Academy for the Performing Arts | Provindence | $5.0m |
| Bishop McCort Catholic High School Inc | Johnstown | $5.0m |
| Newmark High School Inc | Scotch Plains | $5.0m |
| Village Green Charter School | Providence | $5.0m |