B — EducationEIN: 570329786

Voorhees University

Denmark, South Carolina

B+Health Score
67B+

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)

This Org0.98×
Peer Median9.48×
💰
$36.2M
Total Revenue
📊
$35.0M
Total Expenses
🏦
$34.2M
Net Assets
📋
$1.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+35.7%
Year-over-year change (2022 → 2023)
Net Margin
+3.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.98
Net assets divided by total expenses
Liabilities-to-Assets
4.8%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$36,207,285↑36%$34,983,307↑23%$35,917,725↑5%
2022$26,684,069↓33%$28,337,725↑64%$34,250,113↓2%
2021$40,025,778↑148%$17,325,328↑11%$34,849,156↑15%
2019$16,155,087↑4%$15,598,024↑7%$30,264,792↑4%
2018$15,526,653↑5%$14,613,425↑8%$29,162,071
2017$14,768,020↑9%$13,503,776↓4%$29,035,255↑1%
2016$13,566,923$14,134,860↓1%$28,707,118↑11%
2015$13,602,982↓16%$14,287,481↓21%$25,936,597
2014$16,174,815↓13%$18,185,437↓2%$26,058,290↓7%
2013$18,529,844↑5%$18,539,124↑2%$28,118,202↓3%
2012$17,571,607$18,260,762$29,086,041

Frequently Asked Questions

What does Voorhees University do?▼

Voorhees University is a education nonprofit organization based in South Carolina. It is classified under NTEE code B42Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Voorhees University financially healthy?▼

Based on our 9-metric Financial Health Score model, Voorhees University has a score of 67/100 (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 Voorhees University generate?▼

Voorhees University reports $38.4M in annual revenue and holds $36.6M in total assets, based on IRS filings.

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