Converse University
Spartanburg, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $34,748,113↓18% | $40,457,060↓1% | $166,255,853↓1% | |
| 2022 | $42,193,359↑16% | $41,068,699↑16% | $167,325,059↓7% | — |
| 2021 | $36,493,779↑12% | $35,340,779↑5% | $179,052,954↑9% | — |
| 2020 | $32,684,072↓6% | $33,801,860↑1% | $163,727,605 | — |
| 2019 | $34,881,079↑6% | $33,491,258↑2% | $163,257,031↓1% | — |
| 2018 | $32,972,931↓3% | $32,892,252↓1% | $164,723,252↑1% | — |
| 2017 | $34,058,707↓6% | $33,260,370↓9% | $163,488,628↑5% | — |
| 2016 | $36,131,088↓5% | $36,526,369↑1% | $156,316,583↓2% | — |
| 2015 | $37,979,744↓19% | $36,192,831↓14% | $159,366,930↑2% | — |
| 2014 | $47,023,006↑23% | $42,329,979↑9% | $156,259,675↑12% | — |
| 2013 | $38,087,672↓3% | $39,012,531↓3% | $139,480,165↑1% | — |
| 2012 | $39,237,590↑1% | $40,120,438↑8% | $137,571,066↓4% | — |
| 2011 | $38,693,163 | $37,252,863 | $142,661,530 | — |
Frequently Asked Questions
What does Converse University do?▼
Converse University is a education nonprofit organization based in South Carolina. It is classified under NTEE code B430 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Converse University financially healthy?▼
Based on our 9-metric Financial Health Score model, Converse University has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Converse University generate?▼
Converse University reports $50.7M in annual revenue and holds $175.0M in total assets, based on IRS filings.
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