Ursinus College
Analysis
Ursinus College is a registered charity in United States, based in Collegeville, PA. It received its IRS tax-exemption ruling in April 1941, 85 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, Ursinus College reported income of $124.4m and spending of $133.3m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $107.2m to $124.4m (+16%), an average of +3.8% a year. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ursinus 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 PA. Charities of a similar size with the same main cause include Cognia Inc ($124.3m), Bethel University ($124.9m) and University of Northwestern-St Paul ($124.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $2.0m (1.5% of expenses). Other salaries and wages came to $28.8m. At year end it held assets of $323.6m against liabilities of $78.6m, net assets of $245.0m. It reported 1,440 employees.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 85%
- Other 4.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cognia Inc | Alpharetta | $124.3m |
| Bethel University | Saint Paul | $124.9m |
| University of Northwestern-St Paul | Saint Paul | $124.3m |
| Capital University | Columbus | $125.1m |