Trinidad State College Foundation

Analysis

Trinidad State College Foundation is a registered charity in United States, based in Trinidad, CO. It received its IRS tax-exemption ruling in June 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trinidad State College Foundation reported income of $1.6m and spending of $921k, leaving 44% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $979k to $1.6m (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinidad State College Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within CO. Charities of a similar size with the same main cause include Waldorf Education Association of ($1.6m), West Virginia Citizen Action Education Fund Inc ($1.6m) and Cornerstone Christian Academy Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $87k (9.4% of expenses). Other salaries and wages came to $17k. At year end it held assets of $12.8m against liabilities of $164k, net assets of $12.6m. It reported 4 employees.