Carroll College

Analysis

Carroll College is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in June 2011, 15 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, Carroll College reported income of $75.7m and spending of $70.6m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $64.1m to $75.7m (+18%), an average of +4.3% 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, Carroll College 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 100th percentile within MT. Charities of a similar size with the same main cause include Oaks Christian School ($75.5m), Colorado Early Colleges ($75.8m) and Bolles School ($75.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $1.0m (1.4% of expenses). Other salaries and wages came to $15.1m. At year end it held assets of $153.0m against liabilities of $16.7m, net assets of $136.3m. It reported 1,012 employees.