Johnson University

Analysis

Johnson University is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in March 2016, 10 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, Johnson University reported income of $27.8m and spending of $29.9m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $23.1m to $27.8m (+20%), an average of +4.7% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Johnson University sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Boston Plastic & Oral Surgery Foundation Inc ($27.7m), Roseland Charter School ($27.8m) and Harcum College ($27.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 67% of the total. Other salaries and wages came to $11.7m. At year end it held assets of $237.4m against liabilities of $40.2m, net assets of $197.2m. It reported 805 employees.