Trinity College of Nursing & Health Sciences

Analysis

Trinity College of Nursing & Health Sciences is a registered charity in United States, based in Rock Island, IL. It received its IRS tax-exemption ruling in March 2016, 10 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 December 2023, Trinity College of Nursing & Health Sciences reported income of $3.0m and spending of $3.7m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.7m to $3.0m (-37%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. 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 College of Nursing & Health Sciences sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within IL. Charities of a similar size with the same main cause include Scottish Rite Foundation Southern Jurisdiction USA Inc ($3.0m), Panetta Institute for Public Policy ($3.0m) and Orlando Torah Academy Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $269k (7.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $13.6m against liabilities of $1.2m, net assets of $12.4m.