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Frequently Asked Questions | Understanding Trinity’s Finances

Understanding Trinity’s Finances

Audited Financial Statements

Trinity engages the accounting firm of Brown Edwards LLP to conduct the annual audit, and the audited financial statements provide a detailed picture of Trinity’s finances. Trinity’s fiscal year runs from July 1 to June 30.
Click on the fiscal year of interest to you below to go to the audited financial statements for those years:

Tax Returns:  Form 990

To view copies of Trinity’s federal tax returns (Form 990) for the last several years, visit and search for Trinity College, Washington, DC

Annual Operating Budget

In Fiscal Year 2018, the current year that runs from July 1, 2017 to June 30, 2018, Trinity’s net operating budget is just about $30 million.  About 80% of the revenues in the budget come from tuition from all five academic units; the balance of the revenues comes from charitable gifts, federal and local grants, and auxiliary enterprises such as conferences and the Trinity Center.

The chart below illustrates the principal expenses for Trinity’s budget in Fiscal 2018.  Total expenses = $40 million including $10 million in Trinity grants and scholarships to students; the net expenses are $30 million:

Expense Illustration 2016


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