Anderson University Inc

Analysis

Anderson University Inc is a registered charity in United States, based in Anderson, IN. It received its IRS tax-exemption ruling in September 1926, 100 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, Anderson University Inc reported income of $62.9m and spending of $64.0m, spending 102% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $60.5m to $62.9m (+3.9%), an average of +1.0% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Anderson University Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Southern Nazarene University ($62.9m), Unc Health Foundation Inc ($62.9m) and Gordon College ($62.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $977k (1.5% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $123.6m against liabilities of $51.1m, net assets of $72.5m. It reported 1,124 employees.