The Cedarville University
Analysis
The Cedarville University is a registered charity in United States, based in Cedarville, OH. It received its IRS tax-exemption ruling in October 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 June 2024, The Cedarville University reported income of $206.7m and spending of $188.6m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $149.3m to $206.7m (+39%), an average of +6.7% a year. Over the whole period it spent 87% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, The Cedarville 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, and in the 100th percentile within OH. Charities of a similar size with the same main cause include A T Still University of Health Sciences ($206.3m), Health Scholarships Inc ($208.5m) and Occidental College ($205.1m).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.7% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $2.0m (1.0% of expenses). Other salaries and wages came to $44.0m. It paid $50k in professional fundraising fees. At year end it held assets of $337.9m against liabilities of $29.7m, net assets of $308.2m. It reported 3,142 employees.
Income and spending
Where the income comes from
- Contributions & grants 5.7%
- Program services 90%
- Other 4.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| A T Still University of Health Sciences | Kirksville | $206.3m |
| Health Scholarships Inc | Gray | $208.5m |
| Occidental College | Los Angeles | $205.1m |
| Rutgers University Foundation | New Brunswick | $208.6m |