Schreiner University

Analysis

Schreiner University is a registered charity in United States, based in Kerrville, TX. It received its IRS tax-exemption ruling in February 1982, 44 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, Schreiner University reported income of $56.3m and spending of $59.2m, spending 105% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $50.1m to $56.3m (+12%), an average of +2.9% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Schreiner University 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 TX. Charities of a similar size with the same main cause include Wonderful College Prep Academy ($56.2m), Umkc Foundation ($56.3m) and Brearley School ($56.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 12% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $1.0m (1.8% of expenses). Other salaries and wages came to $13.7m. At year end it held assets of $164.4m against liabilities of $35.4m, net assets of $129.0m. It reported 820 employees.