Huntington University Inc

Analysis

Huntington University Inc is a registered charity in United States, based in Huntington, IN. It received its IRS tax-exemption ruling in May 1945, 81 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, Huntington University Inc reported income of $46.0m and spending of $50.3m, spending 109% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $41.2m to $46.0m (+12%), an average of +2.8% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Huntington University Inc sits at the 98th 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 California Institute of Integral Studies ($45.9m), Oakwood School ($46.0m) and Scus Head Start Programs Inc ($45.9m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $572k (1.1% of expenses). Other salaries and wages came to $12.6m. It paid $28k in professional fundraising fees. At year end it held assets of $94.8m against liabilities of $29.1m, net assets of $65.8m. It reported 941 employees.