Holy Trinity Academy

Analysis

Holy Trinity Academy is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 2012, 14 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 July 2024, Holy Trinity Academy reported income of $465k and spending of $516k, spending 111% of what it took in. Across the 5 years on record, from July 2020 to July 2024, income grew from $341k to $465k (+36%), an average of +8.1% a year. The sharpest change came in the year to July 2022, when income rose by 116%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Holy Trinity Academy sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include The Ormewood School Inc ($465k), The Educator Collective ($465k) and Dekalb Library Foundation Inc ($465k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 4.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $73k (14% of expenses). Other salaries and wages came to $373k. At year end it held assets of $900k against liabilities of $142k, net assets of $759k. It reported 16 employees.