Gardner-Webb University

Analysis

Gardner-Webb University is a registered charity in United States, based in Boiling SPGS, NC. It received its IRS tax-exemption ruling in August 2000, 26 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, Gardner-Webb University reported income of $97.3m and spending of $99.3m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $91.5m to $97.3m (+6.4%), an average of +2.1% 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, Gardner-Webb University sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within NC. Charities of a similar size with the same main cause include Community Information Trust ($97.3m), High Tech High ($97.4m) and Andrews University ($97.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $590k (0.6% of expenses). Other salaries and wages came to $27.4m. At year end it held assets of $154.2m against liabilities of $28.2m, net assets of $126.0m. It reported 1,433 employees.