Allegheny College

Organization Overview

Allegheny College is located in Meadville, PA. The organization was established in 1942. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Allegheny College employed 1,403 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allegheny College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Allegheny College generated $130.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $135.4m during the year ending 06/2022. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FOUR YEAR INSTITUTION OF HIGHER EDUCATION.

Describe the Organization's Program Activity:

INSTRUCTION & SCHOLARSHIP EXPENDITURES: FOUNDED IN 1815, ALLEGHENY COLLEGE RANKS AMONG THE OLDEST 1% OF COLLEGES AND UNIVERSITIES AND IS THE 32ND OLDEST COLLEGE IN THE UNITED STATES. PROVIDING A FOUR YEAR HIGHER EDUCATION IN THE LIBERAL ARTS AND SCIENCES GIVING STUDENTS MORE CHOICES, MORE OPPORTUNITIES, AND MORE CHALLENGES. ALLEGHENY IS ONE OF THE FEW LIBERAL ARTS COLLEGES IN THE COUNTRY THAT WILL ASK STUDENTS TO CHOOSE BOTH A MAJOR AND A MINOR (OUTSIDE THE DIVISION OF THEIR MAJOR) BY THE END OF THEIR SOPHOMORE YEAR. THE COLLEGE HAS BEEN RECOGNIZED BY THE COUNCIL OF UNDERGRADUATE RESEARCH WITH THEIR AWARD FOR UNDERGRADUATE RESEARCH ACCOMPLISHMENT.SEE CONTINUATION ON SCHEDULE O.THE COLLEGE PROVIDED $54 MILLION TO FINANCIALLY ASSIST STUDENTS ATTAIN THEIR DEGREE FROM GIFTS, GRANTS, ENDOWMENT INCOME AND COLLEGE RESOURCES.THE COLLEGE HAS 40 MAJOR BUILDINGS ON CAMPUS, A CENTRAL CAMPUS AREA OF 79 ACRES, A RECREATION AREA AROUND CAMPUS OF 203 ACRES, AND THE BOUSSON FOREST NATURE PRESERVE OF 283 ACRES.


AUXILIARY ENTERPRISES: THE COLLEGE'S AUXILIARIES EXIST PRIMARILY TO FURNISH GOODS AND SERVICES TO ENROLLED STUDENTS, FACULTY AND STAFF. THESE SERVICES PRIMARILY CONSIST OF ON-CAMPUS HOUSING SERVICES AND DINING SERVICES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Parkhurst Dining Services
Food Service
$6,679,592
St Moritz Building Services
Cleaning Service
$2,385,797
Wifiber Llc
Telecommunications
$2,063,096
Eab Global
Mailing
$791,536
Massaro
Construction
$801,257
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$16,330
Related organizations$0
Government grants $3,526,390
All other contributions, gifts, grants, and similar amounts not included above$13,668,299
Noncash contributions included in lines 1a–1f $705,763
Total Revenue from Contributions, Gifts, Grants & Similar$17,211,019
Total Program Service Revenue$99,688,304
Investment income $1,818,961
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $13,723
Net Gain/Loss on Asset Sales $11,480,062
Net Income from Fundraising Events -$367
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $38,247
Miscellaneous Revenue$0
Total Revenue $130,249,949

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Allegheny College has recieved totaling $143,348.

Awarding OrganizationAmount
Wm B Griffen Tr Ua For Charities

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$106,610
Anonymous Trust

Raleigh, NC

PURPOSE: SCHOLARSHIP FOR SAUL E MESA NUNEZ

$21,400
R Carl Mountser Trust Under Will

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$14,338
Spectrum Charitable Foundation

Round Rock, TX

PURPOSE: EDUCATION

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$287,735,598
Earnings-$11,330,902
Net Contributions$4,803,909
Other Expense$19,576,109
Ending Balance$261,632,496

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$267,817,606
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$196,773,554
Trustees Of Hamilton College
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$220,131,728

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