Viterbo College Inc

Analysis

Viterbo College Inc is a registered charity in United States, based in LA Crosse, WI. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Viterbo College Inc reported income of $60.9m and spending of $63.2m, spending 104% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $63.7m to $60.9m (-4.5%), an average of -1.5% 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, Viterbo College Inc sits at the 99th 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 WI. Charities of a similar size with the same main cause include American Library Association ($60.8m), Westminster College ($60.9m) and Nichols College ($60.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $706k (1.1% of expenses). Other salaries and wages came to $20.2m. At year end it held assets of $129.9m against liabilities of $10.1m, net assets of $119.8m. It reported 1,223 employees.