Emory & Henry University

Analysis

Emory & Henry University is a registered charity in United States, based in Emory, VA. It received its IRS tax-exemption ruling in October 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, Emory & Henry University reported income of $80.3m and spending of $85.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $65.6m to $80.3m (+23%), an average of +5.2% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Emory & Henry University 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 VA. Charities of a similar size with the same main cause include John Brown University ($80.1m), 50can Inc ($80.6m) and Coe College ($80.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $326k (0.4% of expenses). Other salaries and wages came to $20.5m. At year end it held assets of $265.0m against liabilities of $73.8m, net assets of $191.2m. It reported 1,021 employees.