Goucher College

Analysis

Goucher College is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in September 1931, 95 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, Goucher College reported income of $84.6m and spending of $108.3m, spending 128% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $100.7m to $84.6m (-16%), an average of -4.3% a year. Over the whole period it spent 112% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Goucher College sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MD. Charities of a similar size with the same main cause include Corporation for Education Network Initiatives in California ($84.5m), Accreditation Council for Graduate Medical Education ($84.7m) and Park University ($84.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $1.7m (1.6% of expenses). Other salaries and wages came to $28.8m. At year end it held assets of $430.3m against liabilities of $127.5m, net assets of $302.8m. It reported 1,249 employees.