Logos University Inc

Analysis

Logos University Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in April 1996, 30 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 2024, Logos University Inc reported income of $172k and spending of $171k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $230k to $172k (-25%), an average of -7.0% a year. The sharpest change came in the year to June 2021, when income dropped by 39%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Logos University Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include Holgate Athletic Boosters ($172k), Education Fund of Northern Nevada ($172k) and Oregon School Activities Association Foundation ($172k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $72k (42% of expenses). At year end it held assets of $584k against liabilities of $4,380, net assets of $580k. It reported 3 employees.