Denison University

Analysis

Denison University is a registered charity in United States, based in Granville, OH. It received its IRS tax-exemption ruling in September 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 2023, Denison University reported income of $265.4m and spending of $254.9m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $213.3m to $265.4m (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Denison 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 Morehouse School of Medicine Inc ($264.3m), South University Member Inc ($266.7m) and Bryant & Stratton Inc ($263.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $3.6m (1.4% of expenses). Other salaries and wages came to $67.5m. At year end it held assets of $1.46bn against liabilities of $212.1m, net assets of $1.25bn. It reported 2,582 employees.