Acadia University

Analysis

Acadia University is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in April 2014, 12 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).

In the financial year ending March 2024, Acadia University reported income of $92.1m and spending of $92.7m, spending 101% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $76.0m to $92.1m (+21%), an average of +4.9% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Acadia University 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. Charities of a similar size with the same main cause include Greenwich Country Day School Inc ($91.9m), New England Conservatory of Music ($92.5m) and North Park University ($91.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 33% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $736k (0.8% of expenses). Other salaries and wages came to $43.6m. At year end it held assets of $227.3m against liabilities of $125.7m, net assets of $101.6m.