Adler University

Analysis

Adler University is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1965, 61 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 August 2023, Adler University reported income of $51.6m and spending of $52.4m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $40.2m to $51.6m (+28%), an average of +6.4% a year. The sharpest change came in the year to August 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adler University 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 IL. Charities of a similar size with the same main cause include Ensworth School ($51.5m), Palmdale Aerospace Academy Inc ($51.6m) and The Baylor School ($51.5m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $3.3m (6.3% of expenses). Other salaries and wages came to $21.7m. At year end it held assets of $53.4m against liabilities of $32.4m, net assets of $21.0m. It reported 591 employees.