Wilson College

Analysis

Wilson College is a registered charity in United States, based in Chambersburg, PA. It received its IRS tax-exemption ruling in July 1935, 91 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, Wilson College reported income of $39.1m and spending of $34.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.4m to $39.1m (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wilson College sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include National Merit Scholarship Corporation ($39.1m), Pembroke Hill School ($39.2m) and Lakewood Chedar School ($39.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 32% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $513k (1.5% of expenses). Other salaries and wages came to $9.5m. At year end it held assets of $130.7m against liabilities of $36.1m, net assets of $94.6m. It reported 651 employees.