Trinity College of Florida Inc

Analysis

Trinity College of Florida Inc is a registered charity in United States, based in Trinity, FL. It received its IRS tax-exemption ruling in April 1964, 62 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 College of Florida Inc reported income of $3.5m and spending of $4.4m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $3.5m (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 58%. Over the whole period it spent 111% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity College of Florida Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within FL. Charities of a similar size with the same main cause include Academie D Vinci Charter School Inc ($3.5m), Literacy Connects ($3.5m) and Middle States Association of Colleges and Schools ($3.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $403k (9.2% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $8.0m against liabilities of $3.7m, net assets of $4.4m. It reported 115 employees.