Van Andel Institute Graduate School

Analysis

Van Andel Institute Graduate School is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in September 2006, 20 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 November 2023, Van Andel Institute Graduate School reported income of $2.5m and spending of $5.3m, spending 213% of what it took in. Across the 5 years on record, from November 2019 to November 2023, income fell from $3.6m to $2.5m (-31%), an average of -9.0% a year. The sharpest change came in the year to November 2023, when income dropped by 49%. Over the whole period it spent 107% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Van Andel Institute Graduate School sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include Lutheran High School Association of Greater Milwaukee Foundation ($2.5m), Newburgh Heights Community School Foundation Inc ($2.5m) and Midland Innovation & Technology Charter School ($2.5m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 40% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $354k (6.7% of expenses). Other salaries and wages came to $684k. It paid $2,591 in professional fundraising fees. At year end it held assets of $2.5m against liabilities of $4.2m, net assets of -$1.7m.