Caldwell University Inc

Analysis

Caldwell University Inc is a registered charity in United States, based in Caldwell, NJ. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Caldwell University Inc reported income of $76.6m and spending of $77.5m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $76.4m to $76.6m (+0.3%), an average of +0.1% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Caldwell University Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NJ. Charities of a similar size with the same main cause include Methodist University Inc ($76.5m), Asu Preparatory Academy ($76.7m) and Bennington College ($76.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.7m (2.2% of expenses). Other salaries and wages came to $17.4m. At year end it held assets of $60.0m against liabilities of $29.3m, net assets of $30.7m. It reported 892 employees.