Northland College

Analysis

Northland College is a registered charity in United States, based in Ashland, WI. It received its IRS tax-exemption ruling in September 1932, 94 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, Northland College reported income of $26.6m and spending of $34.2m, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $28.9m to $26.6m (-8.2%), an average of -2.1% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northland College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within WI. Charities of a similar size with the same main cause include Natomas Charter School ($26.6m), National Alliance for Public Charter Schools ($26.6m) and Lyndon Baines Johnson Foundation ($26.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 14% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $738k (2.2% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $41.8m against liabilities of $6.6m, net assets of $35.1m. It reported 531 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.