Defiance College

Analysis

Defiance College is a registered charity in United States, based in Defiance, OH. It received its IRS tax-exemption ruling in November 1946, 80 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 2024, Defiance College reported income of $27.7m and spending of $27.5m, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $22.0m to $27.7m (+26%), an average of +5.9% a year. Over the whole period it spent 106% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Defiance 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 Hillel Day School of Metropolitan Detroit ($27.7m), Harcum College ($27.7m) and Riverview School Inc ($27.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 16% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $747k (2.7% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $41.6m against liabilities of $7.9m, net assets of $33.7m. It reported 417 employees.