Carleton University

Analysis

Carleton University is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in December 1970, 56 years ago. The IRS classifies it as a school under section 501(c)(3).

In the financial year ending April 2024, Carleton University reported income of $560.4m and spending of $591.5m, spending 106% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $509.3m to $560.4m (+10%), an average of +2.4% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Carleton University 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. Charities of a similar size with the same main cause include Consortium Management Group Inc ($555.3m), Family Endeavors Inc ($569.6m) and University of San Diego ($554.5m).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $2.2m (0.4% of expenses). Other salaries and wages came to $314.6m. At year end it held assets of $1.40bn against liabilities of $561.1m, net assets of $843.8m.