Spalding University
Louisville, Kentucky
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very 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 | $43,373,851↓2% | $42,586,174↑1% | $85,182,991↑2% | — |
| 2022 | $44,315,139↑11% | $42,181,404↑13% | $83,690,436↓2% | — |
| 2021 | $39,864,108↑4% | $37,413,352↓3% | $85,532,639↑8% | — |
| 2020 | $38,440,740↓12% | $38,738,803↓5% | $79,512,121↑3% | — |
| 2019 | $43,446,972↓3% | $40,686,089↓1% | $76,979,092 | — |
| 2018 | $44,791,533↑6% | $40,980,719↑7% | $77,214,872↑5% | — |
| 2017 | $42,344,582 | $38,337,868↑2% | $73,708,028↑7% | — |
| 2016 | $42,377,385↑4% | $37,568,094↑5% | $68,595,334↑12% | — |
| 2015 | $40,800,304↑6% | $35,870,603↓2% | $61,436,677↑6% | — |
| 2014 | $38,372,433↓11% | $36,485,112↑1% | $57,841,116↑5% | — |
| 2013 | $43,285,168↑16% | $36,004,270↑4% | $55,174,907↑16% | — |
| 2012 | $37,358,342↑12% | $34,487,185↑20% | $47,634,945↑6% | — |
| 2011 | $33,338,789 | $28,782,661 | $45,092,899 | — |
Frequently Asked Questions
What does Spalding University do?▼
Spalding University is a education nonprofit organization based in Kentucky. It is classified under NTEE code B42Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Spalding University financially healthy?▼
Based on our 9-metric Financial Health Score model, Spalding University has a score of 83/100 (Grade: A-). 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 Spalding University generate?▼
Spalding University reports $47.1M in annual revenue and holds $85.5M in total assets, based on IRS filings.