Tabor College Inc

Analysis

Tabor College Inc is a registered charity in United States, based in Hillsboro, KS. It received its IRS tax-exemption ruling in May 1957, 69 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, Tabor College Inc reported income of $34.8m and spending of $28.3m, spending 81% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $23.3m to $34.8m (+49%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tabor College Inc 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 99th percentile within KS. Charities of a similar size with the same main cause include Converse University ($34.7m), Community School of Naples Inc ($34.8m) and Thomas College ($34.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $231k (0.8% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $59.0m against liabilities of $9.3m, net assets of $49.8m. It reported 470 employees.