Trinity Classical Academy

Analysis

Trinity Classical Academy is a registered charity in United States, based in Valencia, CA. It received its IRS tax-exemption ruling in April 2001, 25 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 Classical Academy reported income of $10.1m and spending of $9.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.7m to $10.1m (+16%), an average of +3.7% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trinity Classical Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Leadership Learning Academy Inc ($10.1m), South Bronx Community Charter High School ($10.1m) and Accreditation Council for Continuing Medical Education ($10.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $212k (2.2% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $20.8m against liabilities of $17.7m, net assets of $3.1m. It reported 204 employees.