Muskingum University

Analysis

Muskingum University is a registered charity in United States, based in New Concord, OH. It received its IRS tax-exemption ruling in May 1936, 90 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, Muskingum University reported income of $65.9m and spending of $68.9m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $60.9m to $65.9m (+8.3%), an average of +2.0% a year. The sharpest change came in the year to June 2020, when income rose by 18%. 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, Muskingum University sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Rivier University ($65.9m), Reading & Math Inc ($66.0m) and Mount Vernon Nazarene University ($65.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $3.0m (4.4% of expenses). Other salaries and wages came to $16.3m. At year end it held assets of $211.3m against liabilities of $39.6m, net assets of $171.7m. It reported 1,066 employees.