Heidelberg University

Analysis

Heidelberg University is a registered charity in United States, based in Tiffin, OH. It received its IRS tax-exemption ruling in November 1975, 51 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, Heidelberg University reported income of $64.6m and spending of $59.7m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $57.9m to $64.6m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Heidelberg 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 Mission Vista Academy ($64.6m), Collegiate School ($64.6m) and Doral Academy Inc ($64.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $1.4m (2.3% of expenses). Other salaries and wages came to $11.9m. At year end it held assets of $192.7m against liabilities of $44.7m, net assets of $148.0m. It reported 834 employees.