Dordt University Incorporated

Analysis

Dordt University Incorporated is a registered charity in United States, based in Sioux Center, IA. It received its IRS tax-exemption ruling in May 1958, 68 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, Dordt University Incorporated reported income of $90.2m and spending of $83.1m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $67.8m to $90.2m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Dordt University Incorporated sits at the 99th percentile: it is larger than about 99% 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 The U C Davis Foundation ($90.1m), Dominican University of California ($90.2m) and Utica University ($89.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $531k (0.6% of expenses). Other salaries and wages came to $21.8m. It paid $92k in professional fundraising fees. At year end it held assets of $207.7m against liabilities of $16.3m, net assets of $191.5m. It reported 1,474 employees.