Aquinas College

Analysis

Aquinas College is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 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, Aquinas College reported income of $2.8m and spending of $2.1m, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $3.1m to $2.8m (-11%), an average of -2.9% a year. The sharpest change came in the year to June 2021, when income dropped by 25%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Aquinas College sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Westside Montessori School Inc ($2.8m), Kent School Services Network ($2.8m) and Trustees of the Haverhill Public Library ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 42% and program service revenue 52% of the total. Other salaries and wages came to $875k. At year end it held assets of $20.5m against liabilities of $266k, net assets of $20.2m. It reported 16 employees.