Gettysburg College

Analysis

Gettysburg College is a registered charity in United States, based in Gettysburg, 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 May 2023, Gettysburg College reported income of $221.8m and spending of $215.5m, spending 97% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $199.5m to $221.8m (+11%), an average of +2.7% a year. The sharpest change came in the year to May 2022, when income rose by 15%. 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, Gettysburg College sits at the 100th 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 100th percentile within PA. Charities of a similar size with the same main cause include Dickinson College ($221.6m), Virginia Tech Foundation Inc ($222.3m) and University of Arizona Foundation ($221.3m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.1% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $3.3m (1.5% of expenses). Other salaries and wages came to $51.4m. At year end it held assets of $624.7m against liabilities of $116.6m, net assets of $508.1m. It reported 2,286 employees.