Trevecca Nazarene University

Analysis

Trevecca Nazarene University is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in July 1946, 80 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, Trevecca Nazarene University reported income of $90.7m and spending of $88.6m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $77.9m to $90.7m (+16%), an average of +3.1% a year. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Trevecca Nazarene University 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 TN. Charities of a similar size with the same main cause include Cranbrook Educational Community ($90.6m), Polk County School Readiness Coalition Inc ($91.2m) and Life University Inc ($90.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 12% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $684k (0.8% of expenses). Other salaries and wages came to $24.2m. It paid $36k in professional fundraising fees. At year end it held assets of $236.7m against liabilities of $100.9m, net assets of $135.8m. It reported 1,145 employees.