Johnson University

Analysis

Johnson University is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 2016, 10 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, Johnson University reported income of $4.2m and spending of $5.6m, spending 135% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $4.9m to $4.2m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Johnson University sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Western Village Academy Inc ($4.2m), South Puget Sound Community College Foundation ($4.2m) and Middletown Preparatory and Fitness Academy ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $2.0m against liabilities of $924k, net assets of $1.1m. It reported 188 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.