Southwestern College

Analysis

Southwestern College is a registered charity in United States, based in Winfield, KS. It received its IRS tax-exemption ruling in September 1970, 56 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, Southwestern College reported income of $34.2m and spending of $35.9m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.7m to $34.2m (+1.6%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 32%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern College sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include University Student Housing ($34.2m), Shorecrest Preparatory School Inc ($34.2m) and Allen-Chase Foundation ($34.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $468k (1.3% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $39.7m against liabilities of $19.0m, net assets of $20.7m. It reported 709 employees.