Trinity Academy of Portland

Analysis

Trinity Academy of Portland is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 2020, 6 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 Academy of Portland reported income of $1.7m and spending of $1.8m, spending 102% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $4.9m to $1.7m (-65%), an average of -41% a year. The sharpest change came in the year to June 2023, when income dropped by 80%. Over the whole period it spent 31% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Academy of Portland sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within OR. Charities of a similar size with the same main cause include Walla Walla Community College Foundation ($1.7m), Forsyth Technical Community College Foundation Inc ($1.7m) and Clearview Legacy Foundation ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $129k (7.3% of expenses). Other salaries and wages came to $883k. At year end it held assets of $11.0m against liabilities of $392k, net assets of $10.6m. It reported 30 employees.