North Central College

Analysis

North Central College is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in July 1940, 86 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, North Central College reported income of $140.1m and spending of $147.4m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $144.8m to $140.1m (-3.3%), an average of -0.8% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, North Central College sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include TNTP Inc ($138.8m), St Norbert College Inc ($140.3m) and Saint Anselm College ($138.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $2.5m (1.7% of expenses). Other salaries and wages came to $35.1m. At year end it held assets of $362.3m against liabilities of $93.3m, net assets of $268.9m. It reported 1,621 employees.