Trinity University
Trinity University reported $350.5 million in revenue and $292.2 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $79.87 went to program services, $18.51 to management and general costs and $1.62 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 48.7% of the total. The highest compensation it reported for one person was $1,165,679 (Chief Investment Officer). 240 people received more than $100,000 in reportable compensation. Revenue rose 62% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $292MFor 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 May 31, 2025 · Form 990, Part VIII · total revenue $351MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 79.9% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 18.5% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 1.6% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.12 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 11.0% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 2.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 48.7% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,165,679 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.40% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 240 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 89.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 37 of 37 | 100.0% |
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 expenseTrinity University, one of the nation's top private undergraduate institutions, is known for its superior academic quality, personalized attention with outstanding faculty, exceptional resources, real-world preparation, and vibrant campus life. Trinity is a community that encourages students to discover, grow, and become passionate, productive individuals. The University's principal focus is on undergraduate education, but it also offers selected graduate programs in professional fields. In addition, the University provides various research and other sponsored projects as well as public…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Chief Investment Officer Key employee, 40.0 hrs/week | $1,053,672 | $0 | $112,007 | $1,165,679 |
| President Officer, 40.0 hrs/week | $633,090 | $0 | $161,321 | $794,411 |
| VP Alumni Relations and Development Key employee, 40.0 hrs/week | $378,438 | $0 | $58,921 | $437,359 |
| VP Enrollment Mgmt Key employee, 40.0 hrs/week | $347,508 | $0 | $56,143 | $403,651 |
| Dean: Neidorff School of Business Highest compensated employee, 40.0 hrs/week | $311,461 | $0 | $45,918 | $357,379 |
| Provost and VP for Academic Affairs Key employee, 40.0 hrs/week | $304,948 | $0 | $46,667 | $351,615 |
| EM Stevens Professor Of Economics Highest compensated employee, 40.0 hrs/week | $286,276 | $0 | $53,152 | $339,428 |
| Jesse H Jones Professor of Business Highest compensated employee, 40.0 hrs/week | $264,252 | $0 | $44,750 | $309,002 |
240 people received more than $100,000 in reportable compensation from Trinity University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $5.6M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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 · 37 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 2Yes
- 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 52,360
- Volunteers Part I, line 638
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Turner Construction Construction | $12,939,470 |
| Compass Group-Chartwells Meals & food service | $10,644,815 |
| Malitz Construction Construction | $8,537,157 |
| ABM Industries Inc Housekeeping | $2,594,780 |
| Computer Solutions IT Services: Consulting, Software License/Maintenance | $2,561,382 |
Individuals listed as contractors are left out. 105 contractors were paid more than $100,000 in all.
Private foundation grants it received
50 private foundations reported grants to Trinity University totaling $2.3M 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 University'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 University, you can publish a response that is linked from this page.
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Of every $100 Trinity University spent in FY2025, $79.87 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Health ScholarshipsGray, GA · revenue $349M · programs 100.0% · FY2025
- Association of American Medical CollegesWashington, DC · revenue $354M · programs 87.3% · FY2025
- University of Georgia Research FoundationAthens, GA · revenue $349M · programs 99.8% · FY2025
- Barnard CollegeNew York, NY · revenue $354M · programs 81.6% · FY2025
- Trustees of Hamilton CollegeClinton, NY · revenue $349M · programs 83.6% · FY2025
Questions people ask
How much of Trinity University's spending goes to programs?
In the fiscal year ending May 31, 2025, Trinity University reported that 79.9% of its $292.2 million in expenses went to program services, 18.5% to management and general and 1.6% to fundraising (Form 990, Part IX).
How much does Trinity University pay its top executive?
The largest total compensation Trinity University reported for one person in the fiscal year ending May 31, 2025 was $1,165,679, for the role of Chief Investment Officer (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Trinity University get its money?
Of $350.5 million in revenue in the fiscal year ending May 31, 2025, 11.0% came from contributions and grants (including 2.3% from government grants) and 48.7% from program service revenue (Form 990, Part VIII).
Is Trinity University a registered charity?
The IRS lists EIN 74-1109633 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 May 31, 2025, object 202601049349300000 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202540989349302104 · read the filing
- FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202421069349301222 · read the filing
- FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202331079349300443 · read the filing
- FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202211059349301801 · read the filing
- FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202141049349301964 · read the filing
All filings for EIN 74-1109633: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.