Clarke University of Dubuque Iowa

Analysis

Clarke University of Dubuque Iowa is a registered charity in United States, based in Dubuque, IA. 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Clarke University of Dubuque Iowa reported income of $41.7m and spending of $43.8m, spending 105% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $37.5m to $41.7m (+11%), an average of +2.7% a year. Over the whole period it spent 101% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clarke University of Dubuque Iowa 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 99th percentile within IA. Charities of a similar size with the same main cause include Equitas Academy Charter School Inc ($41.7m), Distinctive Schools of Illinois ($41.7m) and Business for Social Responsibility ($41.6m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $649k (1.5% of expenses). Other salaries and wages came to $13.1m. It paid $93k in professional fundraising fees. At year end it held assets of $69.7m against liabilities of $12.7m, net assets of $57.0m. It reported 692 employees.