Young Harris College

Analysis

Young Harris College is a registered charity in United States, based in Young Harris, GA. It received its IRS tax-exemption ruling in April 1942, 84 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, Young Harris College reported income of $43.1m and spending of $47.1m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $44.0m to $43.1m (-2.1%), an average of -0.5% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Young Harris College sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within GA. Charities of a similar size with the same main cause include Crystal Springs Uplands School ($43.1m), Ohio Connections Academy Inc ($43.1m) and American School for the Deaf ($42.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.3% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $462k (1.0% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $177.6m against liabilities of $25.4m, net assets of $152.2m. It reported 543 employees.