Trine University Inc: $211.6M Revenue, $117.8M Program Expenses
Angola, Indiana · EIN 350715530 · Filing year 2024
Trine University Inc reported $211.6M in total revenue, $151.0M in total expenses, and $364.7M in total assets on its 2024 IRS Form 990. 78.0% of expenses ($117.8M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: A (81/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2024.
Key Facts (2024 Form 990)
- Total Revenue
- $211.6M
- Total Expenses
- $151.0M
- Program Expenses
- $117.8M
- Program Expense Ratio
- 78.0%
- Total Assets
- $364.7M
- Reserve Months
- 29.0 months
- EIN
- 350715530
- Latest 990 Year
- 2024
- Top Officer Compensation
- Not reported
On the LakeQuality nonprofit efficiency rubric, Trine University Inc pulls an A — the highest available grade. The 81/100 composite reflects a combination of program-focused spending, controlled overhead, and the kind of multi-year financial discipline that grant-makers look for.
Trine University Inc is a large nonprofit by U.S. standards: $211.6M in 2024 revenue against $151.0M in expenses. Organizations in this revenue bracket usually run multiple programs with permanent staff and a meaningful endowment or reserve. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.
Five-year revenue trajectory is strongly positive: Trine University Inc has grown materially in real terms, which usually signals successful fundraising and program expansion. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. In the Education category, Trine University Inc sits alongside universities, K-12 systems, scholarship funds, and education-research organizations. Education-sector nonprofits often hold large endowments, which affects how the reserves-and-revenue ratios should be read.
How Trine University Inc Compares
Trine University Inc directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 81/100 is 7 points above the Education category average. The organization holds 29.0 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to Trine University Inc, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
Trine University Inc has an Efficiency Score of A (81/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
Trine University Inc, Donor FAQ
Trine University Inc has an Efficiency Score of A (81/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for Trine University Inc is not reported in the most recent IRS 990 filing on file.
Trine University Inc reported $211.6M in annual revenue and $151.0M in total expenses for filing year 2024. The organization holds $364.7M in total assets.
For every dollar donated to Trine University Inc, approximately 78.0 cents goes to program activities. The organization has 29.0 months of operating reserves, providing financial stability to sustain its mission.
Trine University Inc is a registered 501(c) organization with EIN 350715530, based in Angola, Indiana. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
Similar Education Nonprofits
Explore Nonprofit Data
Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.