Reinhardt University

Analysis

Reinhardt University is a registered charity in United States, based in Waleska, GA. It received its IRS tax-exemption ruling in May 1949, 77 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, Reinhardt University reported income of $43.6m and spending of $46.8m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $43.5m to $43.6m (+0.3%), an average of +0.1% 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, Reinhardt University 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 Idea Public Schools Louisiana Inc ($43.5m), Notre Dame College ($43.7m) and Ferrum College ($43.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 15% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $626k (1.3% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $111.1m against liabilities of $41.0m, net assets of $70.1m. It reported 554 employees.