University of Pikeville

Analysis

University of Pikeville is a registered charity in United States, based in Pikeville, KY. It received its IRS tax-exemption ruling in March 1952, 74 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, University of Pikeville reported income of $83.0m and spending of $78.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $66.1m to $83.0m (+26%), an average of +5.9% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Pikeville 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 KY. Charities of a similar size with the same main cause include Hartwick College ($82.9m), Claremont Graduate University ($83.0m) and Early Learning Coalition of North Florida Inc ($82.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $1.9m (2.4% of expenses). Other salaries and wages came to $25.0m. At year end it held assets of $204.2m against liabilities of $101.9m, net assets of $102.2m. It reported 2,174 employees.