University of Evansville

Analysis

University of Evansville is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in December 1943, 83 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, University of Evansville reported income of $89.5m and spending of $106.2m, spending 119% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $113.9m to $89.5m (-21%), an average of -5.9% a year. The sharpest change came in the year to May 2023, when income dropped by 22%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Evansville 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 IN. Charities of a similar size with the same main cause include Special Education Services ($88.8m), Colorado State University Foundation ($89.6m) and Hotchkiss School ($88.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 8.3% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.9m (1.8% of expenses). Other salaries and wages came to $25.3m. It paid $35k in professional fundraising fees. At year end it held assets of $365.0m against liabilities of $116.0m, net assets of $249.1m. It reported 1,353 employees.