Reformed University Inc

Analysis

Reformed University Inc is a registered charity in United States, based in Lawrenceville, GA. It received its IRS tax-exemption ruling in January 2013, 13 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 December 2023, Reformed University Inc reported income of $2.0m and spending of $1.1m, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $888k to $2.0m (+128%), an average of +23% a year. The sharpest change came in the year to December 2022, when income rose by 35%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reformed University Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within GA. Charities of a similar size with the same main cause include Owwl Library System ($2.0m), Center for Computational Science Research Inc ($2.0m) and Lone Star Mycroschool Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.0% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $126k (11% of expenses). At year end it held assets of $4.4m against liabilities of $1.5m, net assets of $2.9m. It reported 12 employees.