Trojan Learning Center Inc

Analysis

Trojan Learning Center Inc is a registered charity in United States, based in Parkston, SD. It received its IRS tax-exemption ruling in January 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trojan Learning Center Inc reported income of $277k and spending of $241k, spending 87% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $243k to $277k (+14%), an average of +6.9% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 80% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trojan Learning Center Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 59th percentile within SD. Charities of a similar size with the same main cause include Puget Sound Christian School ($277k), Minnesota Guild of Public Charter Schools ($277k) and Books to Prisoners ($277k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $26k (11% of expenses). Other salaries and wages came to $152k. At year end it held assets of $169k against liabilities of $2,959, net assets of $166k. It reported 21 employees.