Trinity Episcopal School Endowment Trust II

Analysis

Trinity Episcopal School Endowment Trust II is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Trinity Episcopal School Endowment Trust II reported income of $1.2m and spending of $255k, leaving 79% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $442k to $1.2m (+178%), an average of +29% a year. The sharpest change came in the year to June 2023, when income rose by 349%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Episcopal School Endowment Trust II sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within LA. Charities of a similar size with the same main cause include New Juanita Bynum II Ministry Inc ($1.2m), Navarro County Exposition Center Inc ($1.2m) and Big Sky Ski Education Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $6.1m against liabilities of $70k, net assets of $6.1m.