Davidson College

Analysis

Davidson College is a registered charity in United States, based in Davidson, NC. It received its IRS tax-exemption ruling in January 1951, 75 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, Davidson College reported income of $202.4m and spending of $193.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $235.0m to $202.4m (-14%), an average of -3.7% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 74% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Davidson College sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NC. Charities of a similar size with the same main cause include Mercy University ($202.3m), Yeled V Yalda Early Childhood Center Inc ($202.7m) and Trustees of Union College ($201.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $3.0m (1.6% of expenses). Other salaries and wages came to $61.9m. It paid $20k in professional fundraising fees. At year end it held assets of $1.81bn against liabilities of $160.0m, net assets of $1.65bn. It reported 2,481 employees.