Harding University

Organization Overview

Harding University is located in Searcy, AR. The organization was established in 1959. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Harding University employed 2,646 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harding University 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 06/2019, Harding University generated $135.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $123.6m during the year ending 06/2019. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Harding University has awarded 29 individual grants totaling $663,339. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2019

Describe the Organization's Mission:

Part 3 - Line 1

HARDINGS MISSION IS TO PROVIDE A QUALITY EDUCATION THAT WILL LEAD TO AN UNDERSTANDING AND PHILOSOPHY OF LIFE CONSISTENT WITH CHRISTIAN IDEALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HIGHER EDUCATION


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chartwells Food Service
Dining/catering Services
$3,158,410
Anthology Inc
Software Licencsing
$734,296
Connell Construction
Construction
$1,882,568
Aramark Services
Dining/catering Services
$3,799,786
Aramark Facility Serv
Janitorial Services
$2,235,108
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$19,989,548
Investment income $3,933,411
Tax Exempt Bond Proceeds $0
Royalties $112,678
Net Rental Income $178,766
Net Gain/Loss on Asset Sales $4,899,174
Net Income from Fundraising Events $42,358
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $135,462,423

Grants Awarded

Over the last fiscal year, Harding University has awarded $142,440 in support to 5 organizations.

Grant RecipientAmount

SUNSET INTERNATIONAL BIBLE INSTITUTE

Org PageRecipient Profile

Lubbock, TX

PURPOSE: Mission work

$80,421

COLLEGE CHURCH OF CHRIST

Org PageRecipient Profile

Searcy, AR

PURPOSE: Mission work

$31,710

ELMORE CHURCH OF CHRIST

PURPOSE: Mission work

$15,000

TRINITY INTERNATIONAL UNIVERSITY

Org PageRecipient Profile

Deerfield, IL

PURPOSE: Mission work

$10,000

GADSDEN CHURCH OF CHRIST

PURPOSE: Mission work

$5,309
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Harding University has recieved totaling $31,765.

Awarding OrganizationAmount
Brentwood Foundation

Frisco, TX

PURPOSE: SUPPORT CHARITABLE ACTIVITIES

$26,250
Naphcare Charitable Foundation

Birmingham, AL

PURPOSE: COLLEGE SCHOLARSHIP FOR LILY BETH AYERS

$2,820
George & Hazel Barber Scholarship Tr

Quincy, IL

PURPOSE: COLLEGE SCHOLARSHIP

$1,695
Myer & Lois Franklin Charitable Tr

Jackson, MI

PURPOSE: SCHOLARSHIP

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$166,223,072
Earnings$54,240,891
Net Contributions$2,037,995
Grants$6,881,472
Ending Balance$215,620,486

Peer Organizations

Organization NameAssets
Texas Christian University
Fort Worth, TX
$1,168,273,968
Southern Methodist University
Dallas, TX
$1,151,429,320
Belmont University
Nashville, TN
$464,356,154
University Of The Incarnate Word
San Antonio, TX
$259,002,070
Trinity University
San Antonio, TX
$314,487,625
Abilene Christian University
Abilene, TX
$252,996,672
Lipscomb University
Nashville, TN
$216,257,194
Loyola University
New Orleans, LA
$180,729,254
Webster University
St Louis, MO
$161,315,329
St Edwards University
Austin, TX
$177,051,726
Maryville University Of St Louis
St Louis, MO
$183,271,161
Lincoln Memorial University
Harrogate, TN
$171,241,775

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