Maryville College

Analysis

Maryville College is a registered charity in United States, based in Maryville, TN. It received its IRS tax-exemption ruling in February 1941, 85 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 May 2023, Maryville College reported income of $60.2m and spending of $59.4m, spending 99% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $72.2m to $60.2m (-17%), an average of -4.4% a year. The sharpest change came in the year to May 2020, when income dropped by 22%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Maryville 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 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include The Hill School ($60.2m), Mary Baldwin University ($60.2m) and Belmont Abbey College ($60.0m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 14% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.3m (2.2% of expenses). Other salaries and wages came to $14.5m. It paid $28k in professional fundraising fees. At year end it held assets of $195.9m against liabilities of $35.4m, net assets of $160.5m. It reported 686 employees.