Trinity School Inc
Analysis
Trinity School Inc is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in July 1977, 49 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 2024, Trinity School Inc reported income of $1.7m and spending of $1.3m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.0m to $1.7m (+72%), an average of +14% a year. The sharpest change came in the year to June 2023, when income rose by 27%. Over the whole period it spent 82% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity School Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within NC. Charities of a similar size with the same main cause include The James Wilson Institute for Natural Rights and the American Fo ($1.7m), New School Inc ($1.7m) and Wyoming High School Activities Association ($1.7m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 88% of the total. Other salaries and wages came to $814k. At year end it held assets of $2.5m against liabilities of $15k, net assets of $2.5m. It reported 60 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.4%
- Program services 88%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The James Wilson Institute for Natural Rights and the American Fo | Alexandria | $1.7m |
| New School Inc | Atlanta | $1.7m |
| Wyoming High School Activities Association | Casper | $1.7m |
| Canton Harbor High School | Canton | $1.7m |