Greenville College

Analysis

Greenville College is a registered charity in United States, based in Greenville, IL. It received its IRS tax-exemption ruling in November 1942, 84 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, Greenville College reported income of $41.6m and spending of $46.7m, spending 112% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $37.1m to $41.6m (+12%), an average of +2.9% a year. 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, Greenville College 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 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Alverno College ($41.6m), Bryn Mawr School for Girls of Baltimore City ($41.6m) and Frontier Nursing University Inc ($41.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $447k (1.0% of expenses). Other salaries and wages came to $11.1m. It paid $76k in professional fundraising fees. At year end it held assets of $100.6m against liabilities of $47.7m, net assets of $52.9m. It reported 734 employees.