Ursuline College

Analysis

Ursuline College is a registered charity in United States, based in Pepper Pike, OH. It received its IRS tax-exemption ruling in July 1952, 74 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, Ursuline College reported income of $33.7m and spending of $37.4m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.7m to $33.7m (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ursuline College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Alliance for Community Empowerment Inc ($33.7m), Bethany College ($33.7m) and Seiu Healthcare Northwest Training Partnership ($33.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $660k (1.8% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $93.6m against liabilities of $3.3m, net assets of $90.3m. It reported 590 employees.