Arcadia University

Analysis

Arcadia University is a registered charity in United States, based in Glenside, PA. It received its IRS tax-exemption ruling in June 1934, 92 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, Arcadia University reported income of $155.4m and spending of $161.5m, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $174.6m to $155.4m (-11%), an average of -2.9% a year. The sharpest change came in the year to May 2021, when income dropped by 30%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arcadia University 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 100th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Educational Corporation Mukogawa Gakuin ($155.4m), Xavier University of Louisiana ($155.4m) and Springfield College ($154.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 3.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.6m (1.6% of expenses). Other salaries and wages came to $40.8m. At year end it held assets of $238.0m against liabilities of $97.2m, net assets of $140.8m. It reported 981 employees.