John Carroll University

Analysis

John Carroll University is a registered charity in United States, based in University HT, OH. It received its IRS tax-exemption ruling in February 1935, 91 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 2023, John Carroll University reported income of $162.3m and spending of $169.3m, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $170.0m to $162.3m (-4.6%), an average of -1.2% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, John Carroll University sits at the 99th 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 Uncommon New York City Charter Schools ($162.2m), Brooklyn Public Library ($163.2m) and Regis University ($162.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 10% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $2.3m (1.3% of expenses). Other salaries and wages came to $34.9m. At year end it held assets of $584.3m against liabilities of $198.3m, net assets of $386.0m. It reported 1,876 employees.