Claflin University

Analysis

Claflin University is a registered charity in United States, based in Orangeburg, SC. It received its IRS tax-exemption ruling in July 1946, 80 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 2022, Claflin University reported income of $90.5m and spending of $62.9m, leaving 30% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $59.4m to $90.5m (+52%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 85%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Claflin 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 SC. Charities of a similar size with the same main cause include Palmer College Foundation ($90.4m), Life University Inc ($90.6m) and Dominican University of California ($90.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 46% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $2.2m (3.5% of expenses). Other salaries and wages came to $19.8m. At year end it held assets of $159.6m against liabilities of $26.7m, net assets of $132.9m. It reported 799 employees.