Trocaire College
Trocaire College maintains stable finances with growing assets and no reported officer compensation.
EIN: 160909446 · Buffalo, NY · NTEE: B410 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48.1M |
| Total Expenses | $21.1M |
| Program Spending | 85% |
| Net Assets | $49.1M |
| Transparency Score | 85/100 |
Is Trocaire College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trocaire College directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trocaire College
Trocaire College (EIN: 160909446) is a nonprofit organization based in Buffalo, NY, classified under NTEE code B410. The organization reported total revenue of $48.1M and total assets of $51.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trocaire College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trocaire College is a large nonprofit, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.1M |
| Total Expenses | $21.1M |
| Surplus / Deficit | $-23,230 |
| Total Assets | $52.1M |
| Total Liabilities | $3.0M |
| Net Assets | $49.1M |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 29.6 months |
Financial Health Grade: B
In 2024, Trocaire College reported a deficit of $23K with expenses exceeding revenue, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Trocaire College's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.5% | +0.4% | +7.6% |
| 2023 | -23.4% | -8.8% | +0.2% |
| 2022 | -4.7% | +4.0% | -2.6% |
| 2021 | +19.5% | +7.7% | +18.4% |
| 2020 | +14.1% | -4.0% | +21.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Trocaire College with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Trocaire College allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of Trocaire College's size and revenue, suggesting that executive compensation may be categorized differently or not reported under this specific line item, which could impact transparency.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Trocaire College's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp consistently reported for an organization of this size)
Strengths
The following positive indicators were identified for Trocaire College:
- Consistent revenue generation relative to expenses, indicating financial stability.
- Steady growth in assets over the past decade, from $29.6M in 201505 to $52.0M in 202405.
- Strong asset-to-liability ratio, demonstrating robust financial health.
- NTEE code B410 indicates a focus on higher education, aligning with a clear mission.
Frequently Asked Questions about Trocaire College
Is Trocaire College a legitimate charity?
Based on AI analysis of IRS 990 filings, Trocaire College (EIN: 160909446) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Trocaire College spend its money?
Trocaire College directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trocaire College tax-deductible?
Trocaire College is registered as a tax-exempt nonprofit (EIN: 160909446). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Trocaire College's spending goes to programs?
Trocaire College directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Trocaire College compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Trocaire College is above average for NTEE category B410 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Trocaire College located?
Trocaire College is headquartered in Buffalo, New York and files with the IRS under EIN 160909446. It is classified under NTEE code B410.
How many years of IRS 990 filings does Trocaire College have?
Trocaire College has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $48.1M in total revenue.
How is executive compensation structured and reported if 'Officer Comp' is consistently 0%?
The consistent 0% officer compensation reported across all filings for Trocaire College is highly unusual for an organization of its size. This suggests that executive compensation may be reported under other expense categories (e.g., salaries and wages for key employees) or that the institution's leadership structure does not involve 'officers' in the traditional sense for compensation reporting on the 990, warranting further investigation into their detailed financial statements for clarity.
What is the primary source of Trocaire College's revenue?
As an educational institution (NTEE B410), Trocaire College's primary revenue sources are typically tuition and fees, government grants, and potentially contributions. The filings show consistent revenue streams, such as $21,123,936 in 202405, which would primarily derive from its educational activities.
How does Trocaire College manage its liabilities?
Trocaire College generally maintains a healthy balance between assets and liabilities. For example, in 202405, assets were $52,088,350 against liabilities of $2,974,943, indicating a strong financial position where liabilities are a small fraction of total assets. This suggests effective debt management and financial stability.
Filing History
IRS 990 filing history for Trocaire College showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Trocaire College's revenue has grown by 9.2%, moving from $19.3M to $21.1M. Total assets increased by 116.2% over the same period, from $24.1M to $52.1M. Total functional expenses rose by 24.8%, from $16.9M to $21.1M. In its most recent filing year (2024), Trocaire College reported a deficit of $23K, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $52.1M in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $49.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $21.1M | $21.1M | $52.1M | $3.0M | — | View 990 |
| 2023 | $21.2M | $21.1M | $48.4M | $2.5M | — | View 990 |
| 2022 | $27.7M | $23.1M | $48.3M | $1.9M | — | View 990 |
| 2021 | $29.1M | $22.2M | $49.6M | $4.3M | — | View 990 |
| 2020 | $24.3M | $20.6M | $41.9M | $4.7M | — | View 990 |
| 2019 | $21.3M | $21.5M | $34.5M | $3.0M | — | View 990 |
| 2018 | $22.2M | $21.2M | $34.7M | $3.4M | — | View 990 |
| 2017 | $21.3M | $19.9M | $34.0M | $3.8M | — | View 990 |
| 2016 | $19.9M | $19.9M | $31.7M | $3.6M | — | View 990 |
| 2015 | $21.7M | $19.5M | $29.6M | $1.5M | — | View 990 |
| 2014 | $21.6M | $18.9M | $30.3M | $4.1M | — | View 990 |
| 2013 | $21.6M | $19.8M | $27.8M | $4.6M | — | View 990 |
| 2012 | $20.8M | $18.3M | $25.9M | $5.0M | — | View 990 |
| 2011 | $19.3M | $16.9M | $24.1M | $5.3M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $21.1M, expenses of $21.1M, and assets of $52.1M (revenue -0.5% year-over-year).
- 2023: Revenue of $21.2M, expenses of $21.1M, and assets of $48.4M (revenue -23.4% year-over-year).
- 2022: Revenue of $27.7M, expenses of $23.1M, and assets of $48.3M (revenue -4.7% year-over-year).
- 2021: Revenue of $29.1M, expenses of $22.2M, and assets of $49.6M (revenue +19.5% year-over-year).
- 2020: Revenue of $24.3M, expenses of $20.6M, and assets of $41.9M (revenue +14.1% year-over-year).
- 2019: Revenue of $21.3M, expenses of $21.5M, and assets of $34.5M (revenue -3.9% year-over-year).
- 2018: Revenue of $22.2M, expenses of $21.2M, and assets of $34.7M (revenue +4.2% year-over-year).
- 2017: Revenue of $21.3M, expenses of $19.9M, and assets of $34.0M (revenue +7.3% year-over-year).
- 2016: Revenue of $19.9M, expenses of $19.9M, and assets of $31.7M (revenue -8.3% year-over-year).
- 2015: Revenue of $21.7M, expenses of $19.5M, and assets of $29.6M (revenue +0.2% year-over-year).
- 2014: Revenue of $21.6M, expenses of $18.9M, and assets of $30.3M (revenue -0.1% year-over-year).
- 2013: Revenue of $21.6M, expenses of $19.8M, and assets of $27.8M (revenue +3.9% year-over-year).
- 2012: Revenue of $20.8M, expenses of $18.3M, and assets of $25.9M (revenue +7.6% year-over-year).
- 2011: Revenue of $19.3M, expenses of $16.9M, and assets of $24.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trocaire College:
Data Sources and Methodology
This transparency report for Trocaire College is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.