TRINE UNIVERSITY INC
1 UNIVERSITY AVE, ANGOLA, IN · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $232,796,308 | $159,357,504 | $399,638,134 |
| FY2024 | $211,620,138 | $150,968,710 | $323,725,700 |
| FY2023 | $187,400,612 | $130,306,232 | $256,943,209 |
| FY2022 | $136,639,555 | $116,503,232 | $197,992,120 |
| FY2021 | $121,889,140 | $107,424,778 | $183,930,982 |
| FY2020 | $113,182,460 | $100,492,245 | $157,350,171 |
| FY2019 | $103,159,612 | $96,905,593 | $148,877,386 |
| FY2018 | $101,478,461 | $91,749,242 | $140,371,961 |
| FY2017 | $98,896,297 | $82,922,745 | $128,400,100 |
| FY2016 | $97,716,642 | $78,651,617 | $109,946,067 |
| FY2015 | $79,910,010 | $70,234,590 | $92,250,032 |
| FY2014 | $70,689,349 | $60,930,457 | $83,024,534 |
| FY2013 | $61,841,948 | $56,854,940 | $71,905,603 |
| FY2012 | $66,280,375 | $56,597,852 | $64,951,296 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $23,889,865 | 11% |
| Program service revenue | $202,379,627 | 89% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $146,668,737 | 92% |
| Management & general | $10,240,593 | 6% |
| Fundraising | $2,448,174 | 2% |
What the numbers show
- Program service revenue made up 89% of total revenue in FY2025.
- Program services accounted for 92% of functional expenses, management & general 6%, and fundraising 2%.
- 92% of functional expenses went to program services in FY2025. That is higher than 86.4% of 81 Education organizations in IN.
- Net assets covered about 30.1 months of expenses at the end of the reporting year. That puts it in the 66th percentile among 1090 Education organizations in IN.
- Total revenue was higher than 99.8% of 1109 Education organizations in IN.
- Total revenue rose from $66,280,375 in FY2012 to $232,796,308 in FY2025, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Revenue covered expenses in each of the 14 reported years, FY2012 to FY2025.
- Net assets grew from $64,951,296 to $399,638,134 between FY2012 and FY2025.
- Contributions and grants made up 17% of revenue in FY2012 and 10% in FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TRINE, AN INTERNATIONALLY RECOGNIZED PRIVATE, INDEPENDENT, CO-EDUCATIONAL INSTITUTION OFFERS DEGREES IN VARIOUS PROGRAMS INCLUDING ENGINEERING, MATH, SCIENCE AND BUSINESS.
IRS status
| Ruling year | 1948 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | B420 — Education (in IN) |
| Donations | Donations are generally tax-deductible (public charity). |
Similar organizations
- PURDUE RESEARCH FOUNDATION — WEST LAFAYETTE, IN · $235,308,994
- UNIVERSITY OF INDIANAPOLIS — INDIANAPOLIS, IN · $225,571,211
- DEPAUW UNIVERSITY — GREENCASTLE, IN · $263,810,956
- MARIAN UNIVERSITY — INDIANAPOLIS, IN · $200,146,172
- INDIANA WESLEYAN UNIVERSITY — MARION, IN · $269,090,976
- THE LUTHERAN UNIVERSITY ASSOCIATION INC — VALPARAISO, IN · $187,644,738
- TAYLOR UNIVERSITY — UPLAND, IN · $158,936,145
- SAINT MARYS COLLEGE — NOTRE DAME, IN · $150,948,474
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.