Muhlenberg College

Analysis

Muhlenberg College is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in December 1932, 94 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, Muhlenberg College reported income of $150.2m and spending of $160.6m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $176.4m to $150.2m (-15%), an average of -3.9% a year. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Muhlenberg 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 University of Prince Edward Island ($150.1m), Reed Institute ($150.4m) and Saint Marys University ($150.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.2% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $2.0m (1.3% of expenses). Other salaries and wages came to $39.7m. At year end it held assets of $554.3m against liabilities of $83.9m, net assets of $470.4m. It reported 1,876 employees.