Adrian College

Analysis

Adrian College is a registered charity in United States, based in Adrian, MI. 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, Adrian College reported income of $104.8m and spending of $95.1m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $91.3m to $104.8m (+15%), an average of +3.5% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Adrian 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 MI. Charities of a similar size with the same main cause include Visions in Education ($104.7m), St Johns College ($104.8m) and Kettering University ($104.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $1.2m (1.2% of expenses). Other salaries and wages came to $19.1m. At year end it held assets of $177.7m against liabilities of $63.6m, net assets of $114.1m. It reported 1,149 employees.