Agnes Scott College

Analysis

Agnes Scott College is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in November 1945, 81 years ago. 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, Agnes Scott College reported income of $97.6m and spending of $92.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $78.1m to $97.6m (+25%), an average of +5.7% a year. The sharpest change came in the year to June 2022, when income rose by 21%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Agnes Scott 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 99th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Lee University ($97.3m), Washington Reginal Medical System ($97.9m) and Delaware Valley University ($96.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $1.4m (1.6% of expenses). Other salaries and wages came to $22.0m. At year end it held assets of $378.5m against liabilities of $79.2m, net assets of $299.3m. It reported 862 employees.