Shorter College

Analysis

Shorter College is a registered charity in United States, based in N Little Rock, AR. It received its IRS tax-exemption ruling in June 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 2023, Shorter College reported income of $13.4m and spending of $11.5m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $13.4m (+102%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 81% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Shorter College sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include The Kehillah School ($13.4m), St Paul City School ($13.4m) and Compass Academy Charter School Inc ($13.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $15.3m against liabilities of $1.3m, net assets of $14.0m. It reported 164 employees.