Central Methodist University

Analysis

Central Methodist University is a registered charity in United States, based in Fayette, MO. It received its IRS tax-exemption ruling in July 1976, 50 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, Central Methodist University reported income of $57.5m and spending of $57.8m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $54.6m to $57.5m (+5.3%), an average of +1.3% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Central Methodist University 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 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Basis Texas Charter Schools Inc ($57.5m), Carson-Newman University ($57.6m) and Cabrillo Point Academy ($57.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 84% of the total. Compensation of current officers, directors and key employees was $1.5m (2.6% of expenses). Other salaries and wages came to $17.9m. At year end it held assets of $162.2m against liabilities of $11.6m, net assets of $150.6m. It reported 955 employees.