Grove City College

Analysis

Grove City College is a registered charity in United States, based in Grove City, PA. It received its IRS tax-exemption ruling in October 1942, 84 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 2024, Grove City College reported income of $178.5m and spending of $92.0m, leaving 48% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $84.0m to $178.5m (+113%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 76% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grove City 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 99th percentile within PA. Charities of a similar size with the same main cause include University of Ontario Institute of Technology ($178.0m), California Lutheran University ($178.8m) and Point Loma Nazarene University ($178.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $1.5m (1.6% of expenses). Other salaries and wages came to $32.5m. It paid $67k in professional fundraising fees. At year end it held assets of $513.0m against liabilities of $27.6m, net assets of $485.4m. It reported 1,584 employees.