Curry College

Analysis

Curry College is a registered charity in United States, based in Milton, MA. It received its IRS tax-exemption ruling in September 1936, 90 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Curry College reported income of $102.9m and spending of $118.9m, spending 116% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $112.7m to $102.9m (-8.7%), an average of -2.2% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Curry College sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MA. Charities of a similar size with the same main cause include Mississippi College ($102.9m), Regis College ($102.9m) and Catalyst Family Inc ($102.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 2.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.1m (0.9% of expenses). Other salaries and wages came to $33.1m. At year end it held assets of $200.0m against liabilities of $78.1m, net assets of $121.9m. It reported 1,329 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.