Geneva College

Analysis

Geneva College is a registered charity in United States, based in Beaver Falls, 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 2024, Geneva College reported income of $51.0m and spending of $51.3m, spending 101% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $51.5m to $51.0m (-1.0%), an average of -0.2% a year. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Geneva 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 99th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Virginia Union University ($51.0m), Youth Connection Charter School ($51.0m) and Advantage Academy of Miami Inc ($51.0m).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 8.0% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $594k (1.2% of expenses). Other salaries and wages came to $16.8m. It paid $96k in professional fundraising fees. At year end it held assets of $100.1m against liabilities of $5.1m, net assets of $95.0m. It reported 902 employees.