Trinity Western University Foundation U S

Analysis

Trinity Western University Foundation U S is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in January 1981, 45 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, Trinity Western University Foundation U S reported income of $443k and spending of $488k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $443k (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income dropped by 78%. Over the whole period it spent 114% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Western University Foundation U S sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within WA. Charities of a similar size with the same main cause include Fort Thomas Education Foundation Inc ($443k), Pinetree Institute ($443k) and National Black College Alumni Hall of Fame Foundation ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $22k (4.6% of expenses). At year end it held assets of $3.1m against liabilities of $1.1m, net assets of $1.9m. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.