Calvary University

Analysis

Calvary University is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in December 1962, 64 years ago. 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, Calvary University reported income of $6.8m and spending of $6.2m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.1m to $6.8m (-4.1%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income rose by 210%. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Calvary University sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MO. Charities of a similar size with the same main cause include Coastal Opportunities ($6.8m), Natural Resources Conservancy ($6.8m) and Sam & Esther Minskoff Cultural Center Park East Day School Inc ($6.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $315k (5.1% of expenses). Other salaries and wages came to $2.6m. At year end it held assets of $12.6m against liabilities of $2.3m, net assets of $10.2m. It reported 161 employees.