Presentation College

Analysis

Presentation College is a registered charity in United States, based in Aberdeen, SD. 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 June 2023, Presentation College reported income of $16.1m and spending of $19.5m, spending 121% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $18.8m to $16.1m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income dropped by 32%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Presentation College sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within SD. Charities of a similar size with the same main cause include Children Scholarship Fund Philadelphia ($16.1m), Sherman College of Straight Chiropractic Inc ($16.1m) and Sayre School ($16.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $354k (1.8% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $14.8m against liabilities of $8.4m, net assets of $6.4m. It reported 260 employees.