Trinity School of Midland Texas
Analysis
Trinity School of Midland Texas is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in September 1966, 60 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 School of Midland Texas reported income of $17.2m and spending of $17.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.2m to $17.2m (+21%), an average of +5.0% a year. Over the whole period it spent 100% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity School of Midland Texas sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Bullis-Purissima Elementary School ($17.2m), The Malala Fund ($17.2m) and The University of North Florida Foundation Inc ($17.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $489k (2.8% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $27.0m against liabilities of $3.4m, net assets of $23.5m. It reported 250 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 82%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bullis-Purissima Elementary School | Los Altos | $17.2m |
| The Malala Fund | Washington | $17.2m |
| The University of North Florida Foundation Inc | Jacksonville | $17.2m |
| Sports Leadership and Management Academy of Nevada | Henderson | $17.2m |