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Trinity College

Hartford, CT · EIN 06-0646927 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Trinity College reported $281.0 million in revenue and $284.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.67 went to program services, $11.97 to management and general costs and $2.36 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 68.3% of the total. The highest compensation it reported for one person was $2,418,290 (PRESIDENT (UNTIL 06/25)). 200 people received more than $100,000 in reportable compensation. Revenue rose 34% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $284M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $281M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.7%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
12.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.14$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
16.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.4%1.1%
Program service revenue share
Part VIII 2g ÷ 12
68.3%69.9%
Highest reported compensation
Part VII-A, columns D–F
$2,418,290$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.85%1.28%
People paid over $100,000
Part VII, line 2
2008
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
45.213.3
Independent voting board members
Part VI 1a–1b
36 of 37100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$169M expenses · 69.3% of program spending · grants $89M · revenue $163M

The college provided instruction, research opportunities, and related support to faculty, and students to encourage professional development and a wide curriculum for liberal arts education. In addition, the college provided grants and scholarships to students who are judged worthy by the institution's assessment on the basis of academic achievement and financial need

$27M expenses · 11.1% of program spending · revenue $29M

The college provided residential and dining services to students

$21M expenses · 8.5% of program spending

The college maintains a beautiful 100 acre campus with classic collegiate architecture

$27M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT (UNTIL 06/25)
Director/trustee, officer, 40.00 hrs/week
$2,298,765$0$119,525$2,418,290
VP FINANCE (UNTIL 04/25)
Officer, 40.00 hrs/week
$367,211$0$67,167$434,378
VP ACADEMIC AFFAIRS AND DEAN
Key employee, 40.00 hrs/week
$336,844$0$67,167$404,011
VP ST AFFAIRS, DEAN CAMPUS LIFE
Highest compensated employee, 40.00 hrs/week
$290,824$0$79,632$370,456
GENERAL COUNSEL, SECRETARY CLG
Officer, 40.00 hrs/week
$299,126$0$69,393$368,519
VP LIBRARY & INFORMATION TECH
Highest compensated employee, 40.00 hrs/week
$291,275$0$63,539$354,814
AVP CONSTRUCTION FAC & OPS
Highest compensated employee, 40.00 hrs/week
$270,592$0$53,963$324,555
VP STRAT MARKETING & COMMUNICATION
Highest compensated employee, 40.00 hrs/week
$253,225$0$55,106$308,331

200 people received more than $100,000 in reportable compensation from Trinity College (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$281M$284M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$281M$284M85.7%$1.07B$2,418,290
FY2024 ⓘ$273M$271M87.0%$1.00B$993,998
FY2023 ⓘ$240M$250M87.2%$948M$975,087
FY2022 ⓘ$252M$232M86.3%$942M$1,026,469
FY2021 ⓘ$249M$210M85.5%$949M$951,859
FY2020 ⓘ$210M$222M87.7%$763M$1,014,740

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b37 · 36 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 51,775
  • Volunteers Part I, line 6500

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
FIP CONSTRUCTION
Construction
$19,279,976
ABM INDUSTRY GROUPS LLC
Facility services
$14,892,959
CHARTWELLS
Food services
$14,080,047
CENAXO LLC
Construction
$1,127,909

Individuals listed as contractors are left out. 31 contractors were paid more than $100,000 in all.

Private foundation grants it received

99 private foundations reported grants to Trinity College totaling $5.7M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Trinity College's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Trinity College, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Connecticut

Questions people ask

How much of Trinity College's spending goes to programs?

In the fiscal year ending June 30, 2025, Trinity College reported that 85.7% of its $284.3 million in expenses went to program services, 12.0% to management and general and 2.4% to fundraising (Form 990, Part IX).

How much does Trinity College pay its top executive?

The largest total compensation Trinity College reported for one person in the fiscal year ending June 30, 2025 was $2,418,290, for the role of PRESIDENT (UNTIL 06/25) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Trinity College get its money?

Of $281.0 million in revenue in the fiscal year ending June 30, 2025, 16.5% came from contributions and grants (including 0.4% from government grants) and 68.3% from program service revenue (Form 990, Part VIII).

Is Trinity College a registered charity?

The IRS lists EIN 06-0646927 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611359349316216 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531359349311473 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421329349300717 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321359349301927 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201339349301840 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141349349305754 · read the filing

All filings for EIN 06-0646927: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.