Grand View University

Analysis

Grand View University is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in September 1939, 87 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 2024, Grand View University reported income of $63.1m and spending of $64.8m, spending 103% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $56.7m to $63.1m (+11%), an average of +2.7% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Grand View University 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 IA. Charities of a similar size with the same main cause include Saint Andrews School of Boca Raton Inc ($63.0m), Chapin School Ltd ($63.3m) and Dwight-Englewood School ($63.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.4% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $1.6m (2.4% of expenses). Other salaries and wages came to $15.9m. At year end it held assets of $118.1m against liabilities of $45.2m, net assets of $72.9m. It reported 927 employees.